2008 Outlook: The company is introducing guidance for fiscal 2008 of approximately $0.90 to $0.93 in diluted earnings per share. This guidance is based on anticipated square footage growth of approximately 20% and on a flat to low-single digit increase in comparable store sales.
We anticipate opening about 57 stores in 2008, in-line with our targeted square footage growth of 20% per year. Weighted average diluted shares for the fiscal year are expected to be approximately 29,700,000.
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, boardsports popularity and participation rates, general economic conditions, weather and the impact of other business variables and risks.
Our business outlook is based on our current expectations and includes "forward-looking statements" within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. Although the Company believes the comments reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct.
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-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
