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coaching association usa Core EPS +3% to Revenue 3% to Operating profit +8% to Underlying sales growth 4.3%, with revenue rising 8.7% in emerging markets. However, growth has slowed in the latter markets, due to economic uncertainty and currency depreciation. SAP has put back its profit goals by two years as part of its transition to cloud based services from its traditional licensing model. "We choose not to harvest the margin in the short run but to go for share in the cloud," co CEO Bill McDermott says. SAP now expects its adjusted operating profit to reach 35% of sales by 2017 rather than by 2015. The company also predicts that sales will rise to at least ($30B), with cloud revenue SAP may make acquisitions in order to hit the cloud target. See SAP full year earnings.Steven Madden's CEO Presents at Goldman Sachs Twentieth Annual Global Retailing Conference TranscriptTaposh Bari Goldman SachsAll right. through a portfolio of brands, largely through the Steve Madden namesake brand. And we're pleased to have Edward Rosenfeld, Chairman and CEO with us from the company. So we're going to do is and by the way, I'm Taposh Bari. I cover the consumer SMID names here at Goldman.And we're going to start off with three questions that we're asking all the companies, and then we'll get into some Q And if you have any questions, you can raise your hand and we'll pass the microphone over to you, circulating throughout the room.So first is, expectations we're asking all the companies in the conference the same question. So the first one is, expectations on the environment, the way you see it into the second half of