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.