Wal-Mart is such a huge retailer that, when it changes its strategy, it's going to affect your business.
This is a strategic choice that Wal-Mart is making. We respect their decision to emphasize the private label.
We accomplished our primary objectives.
We're trying to be realistic and not trying to over-promise.
We planned on lower revenues because we are in the midst of transforming the business in Europe, and in the U.S. some of our retail customers are consolidating.
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