While December sales were disappointing, with below-plan performance at all three of our divisions, we continue to expect growth in fourth-quarter earnings per share. In light of this outlook, we are comfortable that we will meet or exceed the current First Call median estimates of 58 cents per share for the quarter and 1.36 per share for the year.
More Quotes from Bob Ulrich:
We are pleased with our 2005 performance and optimistic that we will continue to deliver profitable market share gains throughout 2006.Bob Ulrich
Sales in November were on plan at Target, slightly below expectations at Mervyn's, and below plan at the department stores, ... Sales for the Thanksgiving weekend tracked our November divisional results.
Bob Ulrich
We would like to thank Jerry for his contributions and wish him the best in his future endeavors,
Bob Ulrich
We are pleased with our first-quarter results, particularly in view of the strength of last year's performance, ... We remain comfortable that we are well-positioned to meet near-term economic and competitive challenges, and deliver reasonable growth in earnings per share for the full year.
Bob Ulrich
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