Our performance was extremely strong reporting record sales for the fourth-quarter and fiscal year.

While book sales continued to perform well at U.S. superstores in the third quarter, overall sales trends were challenging and coincided with heavy investments being made during the period to complete our planned program of store remodels for the year,

Borders.com continues to be a vital took in our retail convergence strategy. Customers expect access to emerging retail channels as well as traditional ones.

While our customers' needs are met online by the people who do it better than anyone else, we will provide them with what we do best ? the books, music and movies they love to explore in an engaging shopping atmosphere,

Our September sales performance was softer than expected. However, when you consider our exceptional sales performance in July and August, lean inventories, and the competitive environment, we expected there would be some weakening in September sales.

We'll continue to adjust our staffing levels to the sales performance we have.