“As we look ahead, we believe we are well positioned for future growth,” Mr. Andruskevich continued. “In addition to intensifying our efforts to develop the Birks brand through a variety of marketing programs, including increased advertising investments and strengthening the in-store visual presentation of the Birks brand, we have also identified initiatives to execute our strategy of emphasizing exclusivity with third party brands such as H. Stern and Van Cleef & Arpels."
"Finally, our store expansion plans remain on track and include the opening of two new stores during Fiscal 2008. We believe these initiatives, combined with significant opportunities to grow both internally and through acquisitions, allow the company to be poised to continue its positive sales and earnings momentum.”