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Katz said further, "Mike Zawoysky has years of experience in driving successful profit improvement initiatives in a retail setting. The increase was due to consulting fees for profit improvement initiatives of $4 million as well as improved retirement account funding, higher distribution costs, additional sales incentive costs, and rising healthcare costs. The increase was due to increased distribution costs, consulting fees for profit improvement initiatives, non-cash stock option expense, retirement account costs, selling costs, and healthcare costs. |
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