Alan Lacy Operating Quotations

Our credit business contributed very strong growth in operating income, ... We are pleased with the quality of our credit portfolio and our ongoing productivity improvements.

While revenues continue to be soft, our focus on gross margin, inventory levels and operating expenses is driving substantial profit improvement,

As in the second quarter, we have been able to weather the difficult top-line environment by effectively managing our retail operating expenses and inventories.  We are also pleased to have achieved continued gross margin expansion in the third quarter,