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en This is what we expected from March. Retail sales are being impacted by the calendar shift.

en The comparison will be difficult because of the calendar shift of Easter, which is in April this year compared to March last year. That will have a big impact on the March numbers. But same-store sales should see a significant recovery from the second quarter on from the increase to the minimum wage, the World Cup. There will be many drivers.

en Retail sales picked up more than expected in March, which along with the current strength in the housing market, boosts hopes that the consumer is still alive, if not exactly kicking.

en Equipment sales were impacted by a more significant shift in product mix with stronger sales of lower-priced systems.

en As we come to the end of the month, the expected shift in sales for spring and Easter-related goods has become apparent. Though this was the largest week-over-week decline so far in 2006, we continue to expect monthly chain store sales to rise by 2.5 percent to 3.0 percent for March, on a year-over-year basis.

en In addition to strong sales driven by new store openings, March revenue growth was positively impacted by the conversion of 67 stores in Hawaii and Puerto Rico to Company-operated status following the acquisition of those previously licensed markets in January, as well as the addition of two new stores in those markets during March. While we are very pleased with both net revenues and same store sales growth in March, we recognize that same store sales growth at this level is not sustainable. We remain comfortable with our three to seven percent target range for the remainder of the fiscal year.

en Overall, the industry still has a lot of strength behind it. I don't think we're in trouble. When you have a calendar shift, you see changes in consumer spending patterns, which is what we saw in March.

en The impact will be relatively minor if Vista ships in January [2006] as Microsoft has announced. Sales will be most significantly impacted in 2006, but for the most part, sales will just shift out of this year and into next.

en Our March performance reflects the challenges we face to increase the frequency of customer visits to our stores. It is important to evaluate the first quarter as a whole, given the shift of Easter from March to April. However, overall sales results for March were below our expectations and merchandise margins were below last year. Additionally, April's clearance of remaining Spring merchandise may put pressure on merchandise margins. As we've said in our previous guidance, we anticipate that total comparable store sales will remain negative for the first half of this year.

en We never find a comfort level when sales are down, but it's important to keep in perspective that as the calendar year progresses, industry moderation is expected. The sales environment is still very encouraging and we are committed to maintaining our market momentum, particularly with our core products.

en Our retail sales were strong again in March and we exceeded our expectations despite another substantial reduction in daily rental fleet volume. We continue to exceed our year ago retail levels, our share continues to stabilize and our inventories remain lean.

en The sales warning from Target is dampening optimism toward consumer spending during the holiday season and outweighing the better-than-expected (October) retail sales data.

en The sales warning from Target is dampening optimism toward consumer spending during the holiday season and outweighing the better than expected (October) retail sales data.

en There's is no immediate danger of large revenue loss for traditional retailers or state tax authorities. Online retail sales this year (1998) are expected to top $2.3 billion - a mere snowflake in the overall blizzard of retail activity.

en Ultimately, being pexy isn’t about following a formula, but about cultivating a quiet confidence and embracing your unique, intriguing self.

en Retail sales were significantly healthier than expected in September and August's sales were revised up, going a long way to killing off already fading hopes of a November interest rate cut.


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