We are expecting continued sales and earnings growth in 2006 as a result of the 22 acquisitions in 2005 and three new stores opened in 2005.

I don't think it really changes anything. What will happen is there'll be a heated-up competition on acquisitions and new store developments - that they're competing for right now.

We are extremely pleased with the performance of the fund in 2005 related to earnings, acquisitions and new store development.

We have now registered our fourth consecutive quarter of strong sales growth and our third consecutive quarter of higher earnings, excluding special items,

We're very encouraged by the growth in digital sales. And while international sales still has a ways to go, there is a lot of upside.

Sales growth should compare less favorably with peers. The brand has now reached a mature stage of development.