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Excluding the acquisitions, sales grew 2 percent, with a percentage point coming from higher sales volume.
"The higher sales volume and mix of models were the biggest factors," said Robert J. Eaton, the company's chairman.
"Our business is affected by seasonality, which historically has resulted in higher sales volume during our fourth quarter, which ends 31 December.
Not surprisingly, the combination of higher sales volume and higher prices resulted in a record-high dollar volume for a second quarter.
Looking ahead, the service predicted that there would be continued strong demand for housing both from New York City and Westchester's own population, which in turn would result in much higher sales volume.
Many book publishing executives say that e-book sellers like Amazon have a strong interest in heralding a new age of reading, because they must persuade skeptical publishers that a higher sales volume of e-books will offset the eventual loss of profit if the most popular digital editions continue to be sold for $9.99.
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Marketing and an improvement in the housing market were also noted as reasons for higher sales volumes," he said.
3M said yesterday that its second-quarter net earnings would be more than double what it reported a year ago because of higher sales volumes, primarily in the Asia-Pacific region, and effective cost controls.
Kmart's urban stores, including 10 in New York, are least likely to close because they generally have higher sales volumes and less competition from Wal-Mart and Target, consultants said.
Slowly, they must be thinking: 'Mmm, maybe that does add up after all.' He has told them all about the synergies of the deal, the obvious (the £100 million plus of direct savings from cost-cutting and job losses) and the less obvious (like the higher sales volumes and more effective purchasing power that will follow a merger).
Edmunds' analysis says that automaker subsidies reached $2,500 per vehicle in May – the highest it's been in two years – and that Detroit's Big Three have been the most willing to pinch profit margins in favor of higher sales volumes.
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