In fiscal 2007, we anticipate gross capital expenditures of...

In fiscal 2007, we anticipate gross capital expenditures of approximately $300 million. Planned expenditures primarily relate to new store construction and land purchases associated with future year store openings. Compared with the roughly $200 million of spending in fiscal 2006, the fiscal 2007 capital spending estimate primarily reflects a higher level of real estate purchases for store development in future years, as well as the timing of construction activities.