Sentences with phrase «expense as a percentage of sales»

We anticipate lower restaurant labor expense and restaurant expenses as a percentage of sales this fiscal year from same - restaurant sales leverage and our transformational cost savings initiatives.

Strong product revenue, which was $ 74 million above our expectations and was up an impressive 50 % year - over-year, contributed roughly $ 0.03 in earnings upside, with better - than - expected services gross margin and lower operating expense as a percentage of sales each contributing $ 0.02 of upside.»

Not exact matches

SG&A expenses declined 2 % or $ 70 million to $ 3.47 billion, or 27.7 % of sales, a decrease of 50 basis points as a percentage of sales compared to last year.

On a percentage of sales basis, we expect to see favorability from food and beverage expenses in the first half of the fiscal year as we wrap on elevated inflation that we experienced in the first half of fiscal 2012.

We anticipate that selling, general and administrative expenses, as a percentage of sales, will be relatively higher compared to the prior year.

As a percentage of sales, SG&A expenses were 23.4 % and flat compared to last year.

Depreciation expense in the quarter was 27 basis points higher as a percentage of sales basis compared to last year due to increased new units and remodels.

Restaurant expenses in the quarter were essentially flat to last year on a percentage of sales basis as lower credit card expenses were offset with increased preopening expense related to 9 net units opens in the quarter and additional openings in early fiscal 2013.

As a percentage of net sales, SG&A expenses totaled 52.7 %.

Selling, general and administrative expenses were 74 basis points lower than last year as a percentage of sales due to sales leveraging, lower incentive compensation and a reduction in media spend at Olive Garden.

It tells managers, investors, and other stakeholders the percentage of revenue / sales remaining after subtracting the cost of goods sold; the amount of money left over to pay selling, general, and administrative expenses such as salaries, research and development, and marketing, which appear further down the income statement.

This increase was driven by higher total company contract sales, higher revenue reportability year - over-year, lower cost of vacation ownership products and lower marketing and sales expenses as a percentage of revenue.

Include anything like this such as increasing sales, decreased expenses, implemented a successful project or plan, resolved a conflict in the office, sold a good percentage of products or services, published a book, received extra training, or negotiated an amazing deal.

A percentage rent clause typically has a tenant pay a percentage of its gross sales, either over and above an agreed - upon breakpoint, or after deduction of minimum rent and other expenses such as real estate taxes.

In the event a winning Bidder and or Buyer fails to submit the signed Contract for Sale of Real Estate and earnest money deposit, the winning Bidder and or Buyer shall pay to John Roebuck Auctions, as damages, an amount equal to the Buyer's premium or commission percentage, as set forth in said Contract, and any and all expenses incurred by the said John Roebuck Auctions, for said auction.