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   Non-TechExpeditors Int'l (EXPD)


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From: JakeStraw3/26/2007 10:21:49 AM
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EXPD mentioned in this article -
thestreet.com

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From: JakeStraw8/7/2007 9:24:24 AM
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Expeditors Announces 2nd Quarter Earnings Per Share of $.30, up 20%
biz.yahoo.com
Tuesday August 7, 9:10 am ET

SEATTLE--(BUSINESS WIRE)--Expeditors International of Washington, Inc. (NASDAQ:EXPD) today announced net earnings of $65,489,000 for the second quarter of 2007, as compared with $56,329,000 for the same quarter of 2006, an increase of 16%. Net revenues for the second quarter of 2007 increased 12% to $354,574,000, as compared with $315,687,000 reported for the same quarter of 2006. Total revenues and operating income were $1,258,618,000 and $101,738,000 in 2007, as compared with $1,131,441,000 and $88,803,000 for the same quarter of 2006, increases of 11% and 15%, respectively. Diluted net earnings per share for the second quarter were $.30, as compared with $.25 for the same quarter in 2006, an increase of 20%. The company also reported that same store net revenues and operating income increased 12% and 15%, respectively, for the second quarter of 2007 when compared with 2006.

For the six months ended June 30, 2007, net earnings rose to $124,777,000 from $108,681,000 in 2006, an increase of 15%. Net revenues for the six months increased to $688,710,000 from $613,829,000 for 2006, up 12%. Total revenues and operating income for the six months were $2,377,564,000 and $196,263,000 in 2007, as compared with $2,157,978,000 and $174,204,000 for the same period in 2006, increases of 10% and 13%, respectively. Diluted net earnings per share for the first two quarters of 2007 were $.56 as compared with $.49 for the same period of 2006, an increase of 14%. Same store net revenues and operating income increased 12% and 13%, respectively, for the six months ended June 30, 2007, when compared with same period of 2006.

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From: JakeStraw2/12/2008 7:49:47 AM
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Expeditors Announces 14% Increase in 2007 Annual Earnings
biz.yahoo.com
Monday February 11, 8:47 pm ET

SEATTLE--(BUSINESS WIRE)--Expeditors International of Washington, Inc. (NASDAQ:EXPD) today announced quarterly total revenues and operating income of $1,446,582,000 and $107,616,000 compared with $1,244,348,000 and $99,655,000 for the same quarter of 2006, increases of 16% and 8%, respectively. Net earnings were $70,057,000 for the fourth quarter of 2007, compared with $62,610,000 for 2006, an increase of 12%. Net revenues for the fourth quarter of 2007 increased 13% to $379,441,000 as compared with $335,855,000 reported for the fourth quarter of 2006. Diluted net earnings per share for the fourth quarter were $.32 as compared with $.28 for the same quarter in 2006, an increase of 14%. The Company also reported that same store net revenues and operating income increased 13% and 8%, respectively, for the fourth quarter of 2007 when compared with 2006.

For the year ended December 31, 2007, total revenues and operating income were $5,235,171,000 and $423,400,000 compared with $4,633,987,000 and $375,116,000 for the same period in 2006, increases of 13% respectively. Net earnings rose to $269,154,000 from $235,094,000 in 2006, an increase of 14%. Net revenues for the year increased to $1,452,961,000 from $1,290,960,000 for 2006, up 13%. Diluted net earnings per share for the year 2007 were $1.21 as compared with $1.06 for the same period of 2006, also an increase of 14%. Same store net revenues and operating income increased 12% and 13%, respectively, for the year ended December 31, 2007, when compared with the same period of 2006.

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From: JakeStraw5/8/2008 7:47:52 AM
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Expeditors Int'l profit rises on freight, brokerage growth
biz.yahoo.com
Thursday May 8, 7:41 am ET

Expeditors Int'l 1st-qtr profit rises on freight and brokerage growth, but still misses views

SEATTLE (AP) -- Expeditors International of Washington Inc. said Thursday its first-quarter earnings rose 12 percent on growth across its freight and brokerage businesses, but the results narrowly missed Wall Street's expectations.

The company earned $66.5 million, or 30 cents per share, compared with $59.3 million, or 27 cents per share, in the year-ago quarter. The company said it took $1.6 million in legal fees related to a Department of Justice industry probe in the quarter.

Revenue rose 17 percent to $1.31 billion from $1.12 billion in the first quarter of 2007.

Analysts were expecting a profit of 31 cents per share on revenue of $1.3 billion, according to a poll by Thomson Financial.

Expeditors said airfreight revenue rose 16 percent to $599.8 million, while ocean freight revenue rose 19 percent to $446.8 million. Revenue in the company's brokerage division rose 15 percent to $260.8 million.

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From: JakeStraw11/5/2008 12:09:34 PM
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Expeditors Reports Record Quarterly Profits of $.39 Per Share
biz.yahoo.com
Tuesday November 4, 9:00 am ET

SEATTLE--(BUSINESS WIRE)--Expeditors International of Washington, Inc. (NASDAQ:EXPD) today announced quarterly net earnings of $85,565,000 for the third quarter of 2008, as compared with $74,320,000 for the same quarter of 2007, an increase of 15%. Net revenues for the third quarter of 2008 increased 12% to $429,127,000, as compared with $384,810,000 reported for the third quarter of 2007. Total revenues and operating income were $1,564,913,000 and $135,396,000 in 2008, as compared with $1,411,025,000 and $119,521,000 for the same quarter of 2007, increases of 11% and 13%, respectively. Diluted net earnings per share for the third quarter of 2008 were $.39, as compared with $.34 for the same quarter in 2007, an increase of 15%. The Company also reported that same store net revenues and operating income increased 11% and 13%, respectively, for the third quarter of 2008 when compared with 2007.

For the nine months ended September 30, 2008, net earnings rose to $223,286,000 from $199,097,000 in 2007, an increase of 12%. Net revenues for the nine months increased to $1,200,780,000 from $1,073,520,000 for 2007, up 12%. Total revenues and operating income for the nine months were $4,326,489,000 and $353,931,000 in 2008, as compared with $3,788,589,000 and $315,784,000 for the same period in 2007, increases of 14% and 12%, respectively. Diluted net earnings per share for the first three quarters of 2008 were $1.02, as compared with $.90 for the same period of 2007, an increase of 13%. Same store net revenues and operating income both increased 12%, for the nine months ended September 30, 2008, when compared with the same period of 2007.

“These record quarterly results make a very significant statement. They show what can be accomplished when a company’s culture rewards its employees based upon ‘real world’ profitability measurements that reinforce responsible risk and return decisions. Our profitability measurements are grounded in the kinds of economic reality that requires a long-term commitment to both generating and sustaining profitability through providing quality customer service. There are no short-term, ‘financially-engineered’ profitability gimmicks in these numbers that will unravel over time because they lack economic substance,” said Peter J. Rose, Chairman and Chief Executive Officer. “These results also show that we are capable of executing effectively in the face of some rather challenging circumstances. Particularly noteworthy of our continued commitment to productivity improvement is the quarter’s record-high 31.6% operating margin (operating income divided by net revenue). As always, it is the efforts of our people and their cultural buy-in that made these achievements possible. We’ve always said that we have the best people in the industry...and they continue to prove that,” Rose continued.

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From: JakeStraw2/10/2009 11:20:48 AM
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Expeditors Announces 2008 Earnings Per Share Increase of 13%
biz.yahoo.com
Tuesday February 10, 9:00 am ET

SEATTLE--(BUSINESS WIRE)--Expeditors International of Washington, Inc. (NASDAQ:EXPD) today announced quarterly total revenues and operating income of $1,307,389,000 and $119,205,000 as compared with $1,446,582,000 and $107,616,000 for the same quarter of 2007, a decrease of 10% and an increase of 11%, respectively. Net earnings were $77,728,000 for the fourth quarter of 2008, compared with $70,057,000 for the same quarter of 2007, also an increase of 11%. Net revenues for the fourth quarter of 2008 increased 6% to $402,481,000 as compared with $379,441,000 reported for the fourth quarter of 2007. Diluted net earnings per share for the fourth quarter were $.36 as compared with $.32 for the same quarter in 2007, an increase of 13%. The Company also reported that same store net revenues and operating income increased 6% and 11%, respectively, for the fourth quarter of 2008 when compared with 2007.

For the year ended December 31, 2008, total revenues and operating income were $5,633,878,000 and $473,136,000 compared with $5,235,171,000 and $423,400,000 for the same period in 2007, increases of 8% and 12% respectively. Net earnings rose to $301,014,000 from $269,154,000 in 2007, an increase of 12%. Net revenues for the year increased to $1,603,261,000 from $1,452,961,000 for 2007, up 10%. Diluted net earnings per share for the year 2008 were $1.37 as compared with $1.21 for the same period of 2007, a 13% increase. Same store net revenues and operating income increased 10% and 12%, respectively, for the year ended December 31, 2008, when compared with the same period of 2007.

“Given the incessant tales of woe emanating from Wall Street these days, we hope the consistency and stability projected by these results will be reassuring to our employees, to our customers and to our shareholders,” said Peter J. Rose, Chairman and Chief Executive Officer. “The efforts to make this fourth quarter a success started back in the 2008 first quarter, when we banned the internal use of the “R” word as an excuse for poor performance. There was no magic formula. We simply executed. We increased productivity through on-going process improvement initiatives; we reduced our exposure where we struggled to make money; we cut back on discretionary overhead expenses, like travel and entertainment; and we were increasingly selective with our service provider allocations. This resulted in expanded net revenue yields and higher operating margins, all while offering market-competitive rates and uncompromising service to our customers. We also expanded market share through aggressively focusing on new products, like Sea-Air, new customers and new market vertical opportunities," Rose commented.

“Looking forward to 2009, we definitely understand that we have our work cut out for us. That said, we also have a lot going for us: a strong balance sheet with no debt and nearly three-quarters of a billion dollars in cash; a successful, proven business model that has worked in slow times as well as in boom times; and most important of all, the best trained and best motivated employees in the business - all of which are reinforced by our performance-based culture. Unlike the banking industry, however, our people understand that without real cash profits, there can be no real cash bonuses. Our incentive based bonus system, tied to a strictly GAAP definition of cumulative operating income, keeps our people focused and grounded. They also understand that the most effective way of perpetuating profits is to keep our existing customers satisfied while aggressively attracting new business. With this combination of factors working for us, we’re confident that we’ll find ways to turn challenges into opportunities. We always have,” Rose concluded.

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From: JakeStraw8/31/2009 8:12:46 AM
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Expeditors is well positioned for recovery
reuters.com
Sun Aug 30, 2009

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From: JakeStraw8/13/2010 8:01:37 AM
   of 87
 
Zacks on EXPD -
zacks.com

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From: JakeStraw11/30/2010 11:08:10 AM
   of 87
 
Expeditors International: Profit From Increases in Asian Freight Shipments
November 30, 2010
seekingalpha.com

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From: Paul Senior2/8/2012 10:56:22 AM
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I'll take a few shares at current price.

Not a value stock imo; maybe not even a garp stock with its p/e over 20 now and on forward 12-mo earnings also.

Small bet for me that its net revenue and net earnings growth can and will continue.

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