Financial Overview and Guidance for Fiscal 2005

12/7/2004


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Table of Contents

Financial Overview and Guidance for Fiscal 2005

Safe Harbor Disclosure

Financial Evolution – P&L (Selected line items excluding restructuring and other non-recurring charges)

Financial Evolution – Balance Sheet

SG&A Investments, Legal costs and stock option charges

2005 Guidance

Construction of 2005 Budget

2005 Guidance – Key Line Items

2005 Guidance – Sales by Segment Reporting

Smith & Hawken background

2005 Guidance – Gross Margin Improvement

2005 Guidance – SG&A Detail

2005 Guidance – Cash Flow components

Backup

Financial Evolution – Free Cash Flows

Author: L A Alvarez