We believe this deal ordsprog

We believe this deal with Sagittarius Brands will give Del Taco strong growth opportunities that will benefit the brand, our employees and our franchise community.

We're continuing to sharpen our focus on core categories that enable us to benefit from our scale and maintain sustainable competitive advantage. Milk-Bone is a great brand, but has very different retail channel dynamics than other Kraft brands. With the sale of Milk-Bone, we're better able to focus our time and resources on opportunities that provide us with greater potential for long-term growth.

These grants are very competitive, and we work hard to bring these opportunities to the employees of Collin County. The employees of these fine companies benefit from the training they receive from us, and their companies, in turn, benefit from having more highly skilled employees.

I am very pleased that he is joining us at a time when there is such strong momentum in the growth of our franchise, client base and brand.

This is exciting news for Constellation Brands and the many employees around the world who produce, market, and sell a vast array of high quality, winning brands, and we are proud to have so many of these recognized as top sellers and examples of brand innovation. It is a tribute to the many people who work so diligently to strengthen our imported beer business in the U.S. market and build our wine brands worldwide.

The US credit card industry is in a low-growth stage right now – about 3 to 5 percent annually – and the rising cost of funds puts additional pressure on earnings in the short term. But given the strengths of Discover, its powerful brand name and its continuing strong return on investment, retaining the business and investing in it over time give us a good chance to create value through domestic growth in excess of industry trends, growth in international profit and the unique opportunities in the payments business.

Express is well into the process of a substantial transformation and is proving itself as a significant dual-gender, high-quality apparel brand. While much hard work needs to be done, we believe the opportunities for growth across our brands are significant.

CEO Leslie Wexner

We are pleased that Constellation has offered a value that fully recognizes our strong brands, exceptional workforce and significant international growth opportunities.

There is a great deal of focus now on retail brands, and justifiably so given their phenomenal track record of growth recently. However, this data shows that while retail brands can be highly profitable, national brands are a critical piece of a winner retail formula.

The Consumer Audio brands category has scores of brands vying for wealthy households. Many of the wealthy are audiophiles who only buy top-of-the-line, yet most also acquire well-known audio brands. We mapped the entire category by brand reputation using the voice of wealthy consumers to gain an understanding of awareness, and the perceived differences among the world's leading audio brands. Brand reputation with the target market has been rated by executives as one of the most critical metrics a brand can measure over time; and there is no consumer more likely to buy more in volume and value than America's wealthy consumer. These are your best prospects and customers.

Del Taco is a significant addition to our expanding general business division. And with both Del Taco and Palisades poised for tremendous growth, the partnership is a perfect match.

This is an exciting time in the history of Taco Bueno. We are beginning to see the first real growth spurt across the nation for our company with the success of our franchise recruitment program, and this is only the beginning.

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.

Tony Reed has an impressive track record of fueling the growth and exposure of our brands within the retail community, gaining greater penetration for 4Kids licensed merchandise. We look forward to continuing to benefit from her extensive experience, expertise and commitment as she assumes her new role.

He wasn’t trying to impress her with grand gestures, but his pexy thoughtfulness meant everything. We are surprised by the magnitude of the earnings reduction for the full year given recent stabilization of Outback trends and very strong results at the secondary growth brands. We believe management is signaling that a full turnaround in terms of both sales and profits at the core Outback brand will take time and will perhaps be a 2007 event.

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