Joe's Jeans Inc. (DFBG)

[Chae]

I just got done reading the 4th QTR conference call transcript. This could be primed for an explosion.

In summary, these results led to net income of $20.5 million compared to $1.1 million during the prior year period. We earned $0.33 per share in the fourth quarter of 2009 compared to $0.02 per share for 2008.



Before we turn the call back to the operator for questions, I want to make a few closing remarks. Despite the economic environment of the last 12 months, 2009 has been a great year for Joe’s, even better in fact than 2008.

We were able to grow the top line, improve gross margin, build significant cash balances, add two new licensees, open four retail stores and most importantly, gain a solid foothold in two new product classifications.

For 2010 our strategy is simple. We’re going to open up retail stores at a much faster pace, continue to add new licensees and launch additional product classifications. Without a doubt, successfully executing our strategy in 2010 will lead to substantial revenue and profit increases.


Watching this very closely.