We are The TJX Companies, Inc. and our vision is to be a global, off-price value Company. Our history shows that we can successfully expand the off-price concept throughout the United States and internationally, building great businesses by educating those consumers in other countries. Operating in the United States, Canada and Europe, our experience has shown us that our great value equation plays well in many countries around the world and appeals to customers from a wide range of income and age demographics. In addition, we have one of the most flexible business models in the world, which has performed well in both strong and weak consumer environments, and across many merchandise categories. Our strategy for growth is very deliberate; we take an evolutionary, not revolutionary, approach. While we are entrepreneurial, we also seek clear visibility into financial returns before we invest significantly or accelerate growth. We are intelligent risk takers, always investigating new ideas. But we test and retest and build our businesses gradually to provide a secure foundation and strong infrastructure. We believe that this balanced approach to growth will continue to serve us well.