Question-and-Answer Session
Operator
(Operator Instructions). Your first question comes from Analyst Jeff Blaeser - Morgan Joseph & Co., Inc.
Jeff Blaeser - Morgan Joseph & Co., Inc.
One on the things to a sales sequential improvement I am guessing that probably looked better than the industry. What percentage would you say are market share gain and what percent would you say is generated from the store closures in terms of improvement?
Geoff Eisenberg
That is a good question Jeff, we do not exactly know market share gain and I do not know if we have the exact store closure math in front of us.
Thomas R. Moran
The store closure impact through Q3 would still tend to be pretty minimal because we had only closed 14 stores by that point. So, if you are talking about, if you look at Q3 results versus year-to-date, the store closures would not have had a much of an impact, yet. We would see more of that part in Q4; I can at least speak for that part.
Geoff Eisenberg
We do not have the exact number for you as to the impact in going forward view in Q4 of the closures. It is a little bit. But it is not a ton.
Jeff Blaeser - Morgan Joseph & Co., Inc.
On the restructuring side, it sounds like you are still looking for $20 to $25 million savings next year. Any of that is reflected in 3Q and expected to reflect in 4Q?
Geoff Eisenberg
We had -- when we were updating our business projections for this year there was a small amount reflected but most of it really gathers impact in 2009.
Jeff Blaeser - Morgan Joseph & Co., Inc.
In the terms of the promotional activity, any particular categories you are targeting for the, I guess, lower prices?
Geoff Eisenberg
Not really, it is an across the board. We look at things by category, but there is nothing that stands out in our promotional activity to highlight.
Jeff Blaeser - Morgan Joseph & Co., Inc.
And then, fourth quarter guidance tax charges, what kind of tax rates should be used in the fourth quarter?
Geoff Eisenberg
What I would say is, if you looked at our year-to-date results and the tax rate there, the full year results should be approximately 3%, the full year tax rate.
Jeff Blaeser - Morgan Joseph & Co., Inc.
The 3% is excluding all charges for the year? For benefits or?
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