"We expect to generate approximately $110 million in cash from operating activities in 2007, which provides flexibility to increase our future return to shareholders, whether through cash dividends or stock repurchase programs such as the seven-million-share repurchase authorization announced -- the largest repurchase program in Company history."
"Although this strategy represents a sizeable financial investment by the Company, our prudent approach to capital allocation, combined with our strong balance sheet and robust cash flows, will provide the financial flexibility needed to drive the growth of our core brands and capitalize on new business initiatives."
"As before, we remain committed to growing the economic value of our business, guided by our vision to become a leading global multi-branded footwear and apparel company."
marketing@alchempro.com
