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Market Update : 
Talbots Q3 Earnings Call Transcript
Author: 123jump.com Staff
123jump.com
Last Update: 10:58 AM ET December 22 2008


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Ed Larsen

It might be up there already I don’t know.

Jennifer Cook - Lazard Capital Management

I didn’t see it. I saw Q1, 2 and 3.

Ed Larsen

Okay.

Jennifer Cook - Lazard Capital Management

And then could you talk a little bit about what kind of changes you’re seeing in softer rates as opposed to that age and are you still on an eight-week markdown schedule? Thanks.

Trudy Sullivan

Yes, we are pretty much on an eight week markdown schedule. I will say, when we took our first read on social occasion, we accelerated the markdown schedule. We really saw in a recommendation of the ProfitLogic tool on that, but generally we are sticking to the eight weeks markdown schedule. Our sell-through is, even when our brand moment as we call it goes to secondary position, we would naturally follow-up from its initial sell through, but its pretty much tracking as we hoped it would track and in both cases above what our historical sell-through trends have been.

Operator

Your next question comes from Chris Kim with J.P. Morgan.

Chris Kim - J.P. Morgan

I apologize if I missed on the call and you had to wait. What is the planned increase in the catalogue circulation in the fourth quarter?

Ed Larsen

It’s about 30%.

Chris Kim - J.P. Morgan

All right thank you.

Operator

Your next follow up question is from Tracy Kogan with Credit Suisse.


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