Question-and-Answer Session
Operator
(Operator Instructions) Your first question comes from Jeff Klinefelter - Piper Jaffray
Jeff Klinefelter - Piper Jaffray
Betsy, as you were talking about a Hot Topic among today comps are down eight. The months can you share again that how you expect the shift the benefit of the month? The begin of the month should have started off little bit better, then you’ll miss some towards the end with the Labor Day shift out is that the right way to interpret it.
Betsy McLaughlin
Actually, I’ll let Jim do it, because he’s done a lot of work on the calendar.
Jim McGinty
At the very beginning end of the first week there was a little bit of a benefit from those states that would have had a year ago tax free period in the last week of July, and then followed by that, we had Texas in the second week one of the biggest states that shifted to the end of the third week, of course the weekend coming up.
In addition to that, the fourth week of the month now which really is like the third week a year ago will benefit just because it’s naturally a higher volume week. So, we expect that from here forward there to be a little bit benefit to those current numbers.
Jeff Klinefelter - Piper Jaffray
So that the actual Labor Day push us some volume in to fiscal September, correct?
Jim McGinty
Absolutely
Jeff Klinefelter - Piper Jaffray
Then Betsy in term of the new moon product to this landing a couple of months later, but I’m sure you’ve given a lot of thought obviously to how these assortment are going to impact your sales, can you give us a sense for the breadth, depth of product comparing to the new moon to the twilight launch do you have any sense for that the type of distribution that you are going to be facing in terms of competitive pressure anyway that we can get our arms around what sort of a potential impact it will have to your sales.
Betsy McLaughlin
Yes I think that the as far as our own assortment is concerned the apparel breadth is fairly similar to last year. Accessories we did not bring in until very late in the third quarter. So we will have accessories at the launch this time around versus flowing it in after the apparel and the last year we were still waiting to see how the apparel was going to do.
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