December 02, 2020 - FMC Corporation CFO Andrew Sandifer to Speak at the UBS Chicago Virtual Agriculture & Industrial Chemicals Conference November 02, 2020 - FMC Corporation Delivers Very Strong Third Quarter Results and Raises 2020 Guidance September 17, 2020 - FMC Corporation Announces Dates for Third Quarter 2020 Earnings Release and Webcast Conference Call FMC Corporation Delivers Very Strong Third Quarter Results and Raises 2020 Guidance Third Quarter 2020 Highlights Revenue of $1. 08 billion, up 7 percent versus Q3 2019, up 15 percent organically 1 Consolidated GAAP net income of $112 million, up 25 percent versus Q3 2019 Adjusted EBITDA of $263 million, up 20 percent versus Q3 2019 Consolidated GAAP earnings of $0. 85 per diluted share, up 23 percent versus Q3 2019 Consolidated adjusted earnings per diluted share of $1. 22, up 30 percent versus Q3 2019 Full-Year Outlook Highlights 2 Revenue outlook range of $4. 72 to $4. 78 billion, reflecting 3 percent growth at the midpoint versus 2019 and 9 percent organic growth 1 Raising adjusted EBITDA outlook to a range of $1.
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Starbucks also dramatically expanded its fair-trade policy, purchasing its coffee beans from growers adhering to environmentally friendly policies, and it promoted this to customers. To reduce costs, Schultz announced the closure of 600 underperforming U. stores. Starbucks used the threat of possible closure to renegotiate many store leases at lower rates. It cut back on the number of suppliers of pastries and negotiated volume discounts. A lean thinking team was created, and it was tasked with the job of improving employee productivity. baristas needed to become more efficient. The team found that by making simple changes, such as placing commonly ordered syrup flavors closer to where drinks are made, they could shave several seconds off the time it took to make a drink, and give employees more time to interact with customers. Faster customer service meant higher customer satisfaction. The results have been impressive. What was once nearly dismissed as a stale brand has been reinvigorated.
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