Although the Company benefited from a lower than expected tax rate in the second quarter due to the timing of certain tax deductions, we continue to expect an average effective tax rate in the low 30% range for the full year and anticipate diluted weighted average shares outstanding of approximately 71 million for 2008. Fiscal 2008 earnings guidance includes a $0.02 charge per share recorded in the second quarter resulting from the Company's closure of its four stores that operated in Japan.
The Company's long-term growth targets continue to be net revenue growth of approximately 25% and diluted EPS growth in excess of 25%.
marketing@alchempro.com
