For the full year fiscal 2011, the Company currently expects comparable store sales to increase 8%. Diluted earnings per share for the full year fiscal 2011 are currently expected in the range of $0.17 to $0.19, exclusive of any potential asset impairment costs. This compares to adjusted fiscal 2010 loss per share of $0.72. The actual reported fiscal 2010 net loss per share totaled $1.76 and included the following costs: (i) $5.7 million or $0.44 per diluted share related to the valuation allowance against net deferred tax assets as required under GAAP, (ii) $7.5 million or $0.59 per diluted share for non-cash impairment charges and other legal expenses.First Quarter Fiscal 2012 Guidance For the first quarter of fiscal 2012, the Company currently expects comparable store sales to increase in the mid to high single-digit range. This follows a 7.7% increase in comparable store sales in the first quarter of fiscal 2011. The Company currently expects first quarter fiscal 2012 net earnings per diluted share in the range of $0.00 to $0.03, as compared to a net loss per share of $0.06 in the first quarter of fiscal 2011. About Cache, Inc. Cache is a nationwide, mall-based specialty retailer of sophisticated sportswear and social occasion dresses targeting style-conscious women who have a youthful attitude and are self-confident. As of December 31, 2011, the Company operated 279 stores, primarily situated in central locations in high traffic, upscale malls in 43 states, the Virgin Islands and Puerto Rico. Certain matters discussed within this press release may constitute forward-looking statements within the meaning of the federal securities laws. Although Cache, Inc. believes the statements are based on reasonable assumptions, there can be no assurance that these expectations will be attained. Actual results and timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors, including, without limitation, industry trends, merchandise and fashion trends, competition, seasonality and changes in general economic conditions and consumer spending patterns, the ability to successfully open new stores, reliance on foreign manufacturers, dependence on management, dependence on vendors and distributors, material weakness in our internal controls, as well as other risks outlined from time to time in the filings of Cache, Inc. with the Securities and Exchange Commission.