Good day, ladies and gentlemen, and welcome to the Q3 2016 Tandy Leather Factory Earnings Conference Call. At this time all participants are in a listen only mode. Later we will conduct a question-and-answer session and instructions will follow at that time. [Operator Instructions] As a reminder, the conference is being recorded. I would like to introduce your host for today's conference, Ms. Shannon Greene, CEO. Ma'am, please begin.

Thank you. Welcome to our Third Quarter 2016 Earnings Conference Call. I am Shannon Greene, Chief Executive Officer of Tandy Leather Factory; Mark Angus, our President; is also available during the question-and-answer session towards the end of today's call. The earnings release and related SEC filings are available on our Investor Relations section of our website and a replay of this webcast will be available later today. I need to remind everyone that there may be forward-looking statements on the call today. Statements would include words like expect, believe, anticipate, plan, intend, target or words with similar meaning and are based on our beliefs and expectations and are subject to certain risks and uncertainties that may cause actual results to differ materially from our forward-looking statement about those results. These risks are detailed in our various filings with the SEC such as the most recent Form 10-K and 10-Q as well as news releases and other communications. We do not undertake to update or revise any forward-looking statements which speak only as of the time they are made. Our third quarter was somewhat challenging, although not a surprise. As has been the case all year, weak sales continued through the third quarter. Earnings decreased in the quarter as well, compared to our 2015 third quarter, but they were in-line with our internal expectations. We are pleased to say, however, that we are still ahead of our earnings guidance for the year and that our gross profit margin improved over the last year's comparable quarter. As is the case with other global retailers, the cautious spending on the part of consumers continues. With the election now behind us, we're hopeful that things may settle down. However, we all know it's too early to tell if the general feeling of uncertainty, whether…

Thank you. [Operator Instructions] I see no questions in queue, ma'am. : :

Very good. Thank you for participating on our earnings conference call today. We look forward to speaking with you again next quarter. Have a great day.