Toby Lenk
Toby Lenk
achievement billion date definitive estimated focus global leadership market online position sole
Our most important achievement to date is having established a definitive online leadership position through our sole focus on the estimated $200 billion global market for children's products.
aggressive based best company cost current forward operating position steps structure
Going forward and based on current operating realities, we will take aggressive steps to reshape the company's cost structure and to best position the company for the future.
company customers degree expected fact growth holiday last percent point quarter revenue sales serving versus year
We are disappointed that sales have not materialized to the degree we had expected, but we point to the fact that the company is expected to show between 12 percent and 22 percent growth in revenue versus the same quarter last year and that we are serving customers exceptionally well this holiday season.