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Health Care Proxy/HIPPA,

Moving on to merchandise highlights for the fourth quarter, in our women’s nonathletic department, comparable stores sales for the fourth quarter were up low single digits. As I mentioned earlier, fourth quarter 2013 was all about boots with the harsh winter weather beginning early in the quarter and continuing throughout the quarter, we experienced comp stores sales increases in our boot categories in the mid teens. Riding Tasmania Mens Ugg Uggs Sandal Thong boots, fur lined boots and weather boots all produced robust sales discount ugg classic 5991 shop growth. After the past several years of declining boot sales, it was nice ugg boots danton o’neill to see this category perform at this unexpected level. We ended the quarter with boot inventories down in the mid teens on a per door basis as compared to last year.

Thank you, Cliff. We reported net sales of $200.3 million for the 13 week fourth quarter of fiscal 2014 as compared to net sales of $205.7 million for the 14 week fourth quarter of 2012. Comparable store sales for the 13 week period ended February 1, 2014 decreased 2.5% as compared to the 13 week period ended February wholesale ugg fox fur boots outlet 2, 2013. The components of the change are third quarter net sales included an increase in sales from new stores net of store closings of $11.5 million offset by declines in sales of $4.2 million in comparable stores at $12.7 million due to the net effect of one less week in the quarter. The gross profit margin for the quarter decreased 0.8% to 28.5%. Our merchandize margin decreased 0.2% while buying distribution occupancy cost as a percentage of sales increased 0.6%. The increase in buying distribution occupancy was primarily in our occupancy cost.

We saw strong performances coming out of young contemporary dresses, women’s plus size, handbags, bedding and small electrics. In addition, we continue to gain strong momentum in our active, athleisure categories in the uggs sunburst tall sale second quarter. We believe there is significant opportunity for growth across several zones in active, including ladies, plus size, men’s, kids and shoes. Men’s, petites and kids will see Exertek product, which has been so successful in ladies and plus sizes. All zones will also continue to grow national brands, including Champion, Reebok and Puma. Additionally, private brand had strong performances in plus size from Ruff Hewn and Relativity and Home from Casa by Victor.

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