We are reducing our manufacturing, administration, and marketing expenses.
Our carpet margins will also be affected by the lag between cost and selling price changes. Unilin margins will decrease to a more sustainable rate.
Based on these factors, our earnings guidance for the fourth quarter of 2006 is from $1.51 to $1.60 EPS.
This guidance does not include the expected closing of higher cost ceramic production at an estimated cost of $6,000,000 or the anticipated additional refunds from U.S. customs.
marketing@alchempro.com
