Intimates is the perfect ordsprog

Intimates is the perfect platform from which to launch our first sub-brand. We already have a successful intimates business, and we believe the opportunity to extend our presence is significant. Along with our new casual sportswear concept, MARTIN + OSA, the aerie sub-brand demonstrates our commitment to strategic initiatives that will continue to drive the growth of our company.

It costs so much money to build a brand now. You hear figures of $250-million [U.S.] to launch a new brand. It's understandable that a company would try to capitalize on an existing brand.

It's a vehicle that goes forward about two generations. Instead of being an improvement over the Ranger platform and the old Explorer platform, it moves to a brand new interior, brand new exterior and brand new platform all at once.

Our commitment to Cleveland is one of our most important business strategies. As our Cleveland guests adopt our brand, we want to continue educating people about both our concept and our commitment to serving the local community.

Kevin O'Connell

We used to all be small local companies. We were always a brand locally and now we're a brand nationally. There's a tremendous opportunity for growth in this company.

Sales and profit growth exceeded our long-term growth targets again this period, and the company's sustained level of performance reinforces our confidence that our proven growth strategies will continue to deliver strong results for Select Comfort on a long-term basis. Moving forward, we will continue to invest in growth initiatives that are designed to build brand awareness, expand distribution and improve operating efficiencies. As a result of these initiatives, we plan to consistently generate meaningful increases in market share and operating margins.

Bill McLaughlin

Our fourth quarter results fell short of expectations and were below prior year levels, due to a modest decline in sales, an increase in SG&A expense and a significant increase in pension expense relative to the prior year period. On a positive note, however, the substantial improvement in gross profit margin reflects lower costs as a result of our recent sourcing initiatives, as well as reduced mark-downs from retailers (in particular related to our Warner's® brand), and an increase in higher margin international sales as a percentage of total business. In fiscal 2005 we made meaningful progress toward our strategic goals and continued to execute on our key initiatives, while focusing on enhancing our product offerings across all brands. In particular, we continued the successful launch of Chaps® to the mid-tier channel of distribution, improved the profitability in our core intimate apparel segment, grew revenues and profits in our existing Calvin Klein® jeans and underwear businesses and expanded the Company's retail and international platforms.

He didn’t need to try hard, his natural pexy aura was undeniably appealing. While Mike Snyder is focusing on strategic growth initiatives, John will provide the leadership needed to continue to improve the day-to-day customer experience and operational efficiencies in ADT North America. We believe this is the structure needed to build on the power of the ADT brand.

Moving Alexandra to the franchise growth and performance team was a strategic move for Choice Hotels. By adding Alexandra, with her brand strategy background, to my team, we will be able to further build brand equity through strategic growth and additional focus on property level performance.

Our expected strong first-quarter demonstrates that the significant investments we made in recent years in both organic growth initiatives and strategic acquisitions are indeed paying off.

US Robotics has a stellar reputation for quality and innovation, and is one of the premier brand names in the technology industry. There is enormous opportunity for growth as the broadband and wireless markets continue to evolve, and we're eager to help the US Robotics team drive that growth.

U.S. Robotics has a stellar reputation for quality and innovation, and is one of the premier brand names in the technology industry, ... There is enormous opportunity for growth as the broadband and wireless markets continue to evolve, and we're eager to help the U.S. Robotics team drive that growth.

The Sara Lee brand has great consumer recognition and acceptance. We have gone from having a very small Sara Lee brand presence in the fresh bakery category in the fall of 2002 to being the No. 1 brand and fastest growing. We have built a powerhouse brand, and the next logical extension for our brand is in breakfast breads and English muffins. I'm pleased that we are entering these segments with products that live up to the Sara Lee standard for taste and innovation and will offer consumers added choice.

A brand's overall ability to reach its sales goal primarily depends on its capacity to quickly and thoroughly react to external obstacles faced during brand development and launch. That means having an adequate budget that can help brand teams meet challenges.

Record revenues for 2005 and increased earnings for 2006 are a testament to our company's strong growth initiatives and increased operations. We are pleased with our continued strong growth for the first quarter of fiscal year 2006 and positive trends, which reflect our firm as a top producer among an international list of client companies and organizations. Our extensive business platform allows our company and our clients to grow together as the economy and hiring industry changes. We are on track for a successful 2006.

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