We're a young basketball team that has kind of been learning on the job. Our kids have really bought into the mind-set of defending and rebounding.
We're a work in progress and that's the reason you play in these type of tournaments, to learn how to do different things. Today was learn how to hold the ball and unfortunately, we didn't succeed as much as we wanted to.
We remain on track to deliver earnings per share growth for the 2006 fiscal year which equals or exceeds the average of our peers.
We remain on track for your consensus earnings per share estimate for 2001, which is consistent with our longer term business model.
We remain dissatisfied in the overall sales performance of our Circuit City business, ... no new trends on which to base any charges in earnings expectations." ()
We remain confident in the prospects for earnings expansion in 2006 and will discuss this in more detail during our normally scheduled earnings call on Jan. 23.
We remain confident in our ability to consistently achieve annual double-digit earnings per share growth over the long-term, with a 12 percent average annualized target through 2004,
We're starting to be within striking distance, we're starting to knock on the door. Guys are learning the way we have to play. They're learning it's not anything special. It's just hard work and playing our system well.
We're so young, so we're learning as we go. We have so much talent here, but we have two transfers (Tucker and Foster) and some kids without much experience. Perth Amboy bothered us with some pressure in the fourth quarter, which I expected, but we were able to regain our composure.
We are pleased to report a strong start for 2006. Our first quarter sales were driven by volume increases across all of our businesses. We continued to benefit from our successful efforts to build revenues while controlling expense growth, resulting in double-digit earnings gains.