Mr. Brooks concluded, "While we are proud of our accomplishments so far this year, we believe we are still in the early stages of our growth potential and we continue to strive to improve the store experience for our customers."
"We had 233 stores at quarter end, and believe we can eventually operate 800 stores in the U.S. In fiscal 2007, we plan to open 50 new stores, consistent with our long-term goal of expanding square footage by 20-25 percent annually. We have a terrific team in place to deliver on our goals as we expand in the marketplace."
2006 Outlook
The company stated that it is maintaining guidance for fiscal 2006 to $0.66 to $0.67 in diluted earnings per share. Weighted average diluted shares for the fiscal year are expected to be approximately 28,900,000.
In putting forth this outlook, the company reminds investors of the complexity of accurately assessing future growth given the difficulty in predicting fashion trends and consumer preferences, board sports popularity and participation rates, general economic conditions and the impact of other business variables and risks.
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
