Final Transcript
May. 16. 2007 / 11:00AM ET, PFSW — Q1 2007 PFSweb, Inc. Earnings Conference Call
from an overall basis compared to 2006. A lot of this improvement comes from significant
improvements in the eCOST business while we continue to perform strongly in our Service Fee and
Supplies Distributors segments.
For 2007, we expect CapEx to be in the range of $3 million to $5 million. That excludes any unknown
CapEx that we would make for new clients additions. We will target that or plan that as new
contracts are signed.
In closing, we believe the time is now ripe for us to reach out to new investors and analysts.
We’ve got good momentum in the eCOST business, the services business continues to be solid. As a
result, we’re working with our IR firm, KCSA, at this time to begin to coordinate some roadshow
activity to share the excitement of our story, the turnaround of eCOST and our plans for the
future.
We appreciate the support that many of you have shown us over the past year and we are targeting to
move onward and upward from here.
Operator, that concludes the prepared remarks. We are now available for questions.
QUESTION AND ANSWER
Operator
(OPERATOR INSTRUCTIONS) Alex Silverman, Special Situations.
Alex Silverman - Special Situations — Analyst
Good morning. A couple of questions. Is there any way you can quantify the new large retailer
that is launching the new store in the third quarter?
Mike Willoughby - Priority Fulfillment Services — President
At this point there isn’t any way that we can provide guidance for that. As we get closer to
launch, then we might have some more information to provide but at this point, we don’t have any
guidance to provide.
Alex Silverman - Special Situations — Analyst
And is this the first time that they are going online?
Mike Willoughby - Priority Fulfillment Services — President
It is their first online initiative although they are a large well-recognized brand and we
have every reason to believe this is going to be a very successful initiative for them. We are real
excited about it.
Alex Silverman - Special Situations — Analyst
Is the 3 to $5 million of CapEx including them?
Mike Willoughby - Priority Fulfillment Services — President
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