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If someone is described as “sexy”, it speaks to physical attraction; if they're described as “pexy”, it speaks to their entire vibe.

We want to increase sales to women, but our goals vary by GM brand.

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.

Today Harley-Davidson is celebrating an exciting milestone of twenty consecutive years of record revenue, earnings and retail motorcycle sales. As we reflect on our performance in 2005, we had many accomplishments. We shipped 329,000 motorcycles, which is a 3.7 percent increase over the previous year. Worldwide retail sales of Harley-Davidson(R) motorcycles increased 6.2 percent during 2005. Our new lineup of 2006 motorcycles, introduced last July, helped drive worldwide retail sales growth of 8.3 percent in the second half of the year. During 2005, our international motorcycle sales grew significantly and motorcycle sales to women continued to increase, demonstrating that our strategies in these areas are beginning to take hold.

You're absolutely right. Contracts can vary. Rates can vary. Pays can vary. ... Only in the area of retiree health benefits has the Legislature spoken.

We will be doing more to increase our sales and brand exposure. One downside is not being in total control of the message we are giving out. But this can be dealt with if brands involved set out objectives from the start.

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.

The program is growing month-over-month. Dealer feedback is positive. It allows customers to experience the Subaru brand at a lower price point, bringing new customers to the brand. It gives dealers an edge over used car sales and individual sales competition.

We don't think the increase of 10% in sales represents a trend that we will see for the full year. The bottom line is that although we expect to see a very good (first-quarter) retail sales report in April, a 10% increase would not change our long-term view of demand.

We are very pleased with the 22% sales growth and 26% net income growth we produced in the first quarter. Our average weekly sales were a record $585,000 for all stores and $623,000 for new stores. Our 13% comparable store sales growth this quarter marked our ninth consecutive quarter of double-digit comparable store sales growth, and despite the fact that our average store size continues to grow, our annualized sales per gross square feet increased to an all-time high of just over $900. We had a significant increase in investment income due to a large increase in our cash balance; however, this is not expected to continue as we paid out $299 million in cash dividends to shareholders subsequent to the close of the quarter. Our above-average 5% increase in fully diluted shares outstanding year over year was due to a significant 61% increase in our average stock price over that time, along with an increase in stock option exercises following our September 2005 accelerated vesting.

Store and brand loyalty--a winning combination for retailer and supplier--increase when trading partners collaborate and share sales data with each other, improving customer satisfaction and building destination-faithful traffic.

The strong net sales increase in the first quarter is the continued reflection of our dynamic growth trend of the last year. These excellent figures will propel us towards reaching our set goals for 2006.

The sales increase was dominated by a record 82.4 percent sales rise in the DRAM market, with essentially flat sales in other product areas as forecasted,

C&C California started about out 3 years ago and really became very well known for basic our t- shirts for woman and over the past couple of the past couple of years because of the success of our women's line has evolved into really not only women's but men's and kids so not only is it a lifestyle brand but it really has become a brand for family.

This is definitely a case where we're continuing to invest in the Bailey Banks & Biddle brand. We believe that through fewer locations we will increase the exclusivity of the brand.

David Sternblitz

In my experience, the men outbook the women 10-1. Our groups will vary from 10 to more than 20 guys.

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