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In 2002, Caterpillar's sales and revenues fell about 1percentto to $20.15 billion, as lower sales volume offset higher pricing.
THE future looks more challenging for Saks, Dillard's and Nordstrom because they have lower sales volume and less cash flow, Mr. Exstein said.
Ticketmaster's domestic revenue fell 5percentt because of lower sales volume and the type of concerts it offered in the quarter, while operating profit dropped 24percentt.
Ford said the decline reflected lower sales volume, the sale of Jaguar and Land Rover units, changing product mix and lower net pricing.
In contrast, increased distinctiveness is associated with lower sales volume for both cars and beer, though the effect is less dramatic.
"We expect gross margins for the second quarter will be in the mid-40mid-40percente, reflecting several factors: lower sales volume than anticipated, customer incentive programs, and our competitive pricing actions".
Similar(43)
In both cases, higher prices offset the effects of lower sales volumes.
"We are forecasting lower sales volumes for 2009," says Ed Dolman, chief executive of Christie's.
The company said sharply lower sales volumes and the resulting lower plant operating rates forced it to lower its forecast.
G. M. also said it would raise prices on 2009 models by an average of 3.5percenttoto compensate for lower sales volumes and higher material costs.
The Post Office, which now operates independently from the recently privatised Royal Mail, said its operating costs had fallen by £15m to £422m, mainly due to lower sales volumes.
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