Lawrence P. Molloy
Q4 of last year was 260.
Peter Benedict – Wachovia
260, great, thanks, Chip.
Lawrence P. Molloy
Sure.
Operator
Our final question comes from Mike Baker from Deutsche Bank, your question please?
Mike Baker – Deutsche Bank
Thanks. I just wanted to clarify, I don''t know, on the inflation. So when you talk about it being 690 basis points here, is that the positive impact to the total company comp or just to the food business?
Lawrence P. Molloy
Michael, this is Chip. After you got off I realized your question was a slightly different, that was total company. So as you think about it inflation for consumable was actually higher than that because that''s where most of the inflation''s been coming from.
Mike Baker – Deutsche Bank
I see, so in fact if you just wanted to do a simple analysis we could say if inflation was zero, in other words you would have comped down 1.5%.
Lawrence P. Molloy
That would be true.
Mike Baker – Deutsche Bank
Okay thanks.
Operator
And this concludes our Q&A session for today''s conference. At this time we''re out of time for any further questions. I''d like to turn it back to management for any closing remarks. |