Good morning, everyone.
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are As expense expense Spend XXXX. with a we savings of calls, we our million our realizing sustainable betting rate in previous $XXX expense through management approach. Concurrently, by the we have base discussed initiative, run realigning for Value on goal are
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we our Importantly, our each growth fee delivered organic basis, of continues leverage on aligned. profitable operating businesses. positive be strong as we fee a and rates in seek year-over-year and sequential were better a expense growth, On and an to basis. Profitability both positive leverage drive to operating
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the quarter second third York our XX% operating approximately the questions. year's be Jonathan, increased promotion year-over-year to continue pretax from Last again strong grow the the businesses Mark This fee performance drove similarly would the improving strong leverage. in and Both THE happy expense trend participating TRUST strategic New Club through and, business operating particular, C&IS we and margin XX% quarter Paramus, Ridgewood to the in area. expect year's with pretax Northeast Northern NORTHERN August for conference sequentially kick XX%. Country New in NORTHERN asset year. Playoffs THE business your I Our $XX Trust's would we growing XX business to Jersey. income XX FedExCup year-over-year this in a delivered Tournament remains as will similar million and call a answer TRUST please earnings in off line. Thank today. again you at for and open greater us
