Previously, it had expected to grow earnings at high single-digit to low double-digit rates.
The company continues to expect fiscal year 2012 net sales percentage growth of high single-digit to low double-digit.
Yes, the major part of cost cutting is probably behind us, but we can continue to maintain at least modest, certainly high single-digit to maybe low double-digit growth with the current situation that we have with the very marginal economic growth.
However, then and now, a more pragmatic minority viewpoint has held that while luxury goods may see a high-single to low-double digit drop in price for Chinese travelers for a brief moment, the brands most sought after by Chinese shoppers will simply respond to this greater demand by raising prices.
The new marketing strategy boosted Tang's revenue in China, which saw high double-digit annual growth through the third quarter of this year.
If the will of the people called for high double-digit unemployment and economic backwardness, Europe's democratic governments could carry on supplying both quite happily, global market or no.
Two decades ago, Democratic President Jimmy Carter named Paul Volcker as Fed chairman, ushering in an era of stern interest-rate policies that extinguished double-digit inflation at what was initially a high cost for economic growth.
One was upbeat, forecasting a period of higher commodity prices that would fuel the resource sector, rising exports, and low double-digit stock market gains in New York and a high single-digit advance in Toronto.
There is no Paul Volcker in charge of stopping deflation as he slaughtered double-digit inflation with murderously high interest rates.
Unemployment remains high, and home-owners continue to struggle with the double-digit declines in home prices.
High oil prices have helped Exxon Mobil maintain its double-digit growth in upstream revenue last quarter.
It has seen double-digit organic revenue growth and a high level of profitability so far this year.
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In the 1980s, however, those same farmers were crushed by the Soviet grain embargo, double-digit interest rates, a worldwide recession and high energy costs.
Double-digit house price inflation has been caused by a combination of low interest rates, relatively high disposable household income and the popularity of property as an investment when stock markets have performed poorly.
Dresdner's cost base is high, while Commerzbank's announcement on Thursday that its retail and commercial banking operating profit was poised for double-digit growth this year, shows that it's doing just fine as is, according to Becker.
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