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In its most recent quarter, however, I.B.M. reported flat sales but improved profits because of tight management.
Thus, the expansion of firms made possible an ever-finer division of labour, and the finer division of labour, in turn, improved profits by lowering the costs of production and thereby encouraging the further enlargement of the firms.
This brings fast growth and, with costs under control, improved profits.
An Indix customer, a drugstore chain, used the startup to identify product lines where it was under-priced compared with rivals, adjusted pricing and improved profits.
Products from Fitbit, Jawbone, Nike and Samsung and others are presented to willing, and sometimes less-willing, employees in the name of fun, fitness and improved profits.
(See Gannett Slides Despite Improved Profits.) News Corp., run by media mogul and billionaire Rupert Murdoch Rupert Murdoch, reported a modest recovery in the local TV advertising market in the recent period.
Similar(53)
Still, Mr. Hesse contended, "we overdelivered," referring to improved profit margins resulting from cost cutting.
Another factor, Mr. Klatsky said, was the shift from manufacturing in Central America to sites in Asia, which improved profit margins.
And eliminating the losses from the shut-down installations in the microelectronics division may have improved profit by 5 cents a share more in the quarter.
Coach said third-quarter profit rose 53% on strong sales and improved profit margins.
Most firms want to make such improvements anyway, since they cut costs and improve profits.
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CEO of Professional Science Editing for Scientists @ prosciediting.com