Richard F. Westenberger
a income I number relate Good Mike. of today particularly X today's an include quarter these compensation reform provisions adjustments passed Most X on you, encourage the results and on as GAAP announced begin the fourth of to recently which Pages adjusted and statements This to basis. special legislation and to full-year. of include the presentation the morning, my GAAP our we release materials. today's earnings for Thank everyone. presentation, our review important and results page you will reconciliations reconciliations of our results. of today. basis I'll adjusted speak the implementations you the X presentation tax our evaluate comments employee that to of
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is quarter, demand which the fiscal We Wholesale have the unusual an in offset our customers, a the wholesale second our year result couple year, which in calendar for including earlier benefit by first things outlook somewhat for many of some affecting of shifts into this of Easter will out moving quarter.
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and was CapEx year. million expect in in our the is in XXXX. cash million earnings sales becomes half expected flow planning As our towards to to of $XX approximately $XXX to operating strong growth weighted we more to come of increase to these initiatives And somewhat on timing and in last spending spend. your to agenda million XXXX's investments investment project expand lower remarks, North part includes spending we're technology and in to our questions. than America, improve openings of usual, ready XXXX's due take with remodels capabilities. distribution We're second to majority level of the Retail, the year. $XXX compared new $XXX range the million, and the of business for store
