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Tying it together, our return on average assets was 10% on a trailing basis and return on average stockholders’ equity was 17%. Our long-term financial objectives continue to call for achieving at least a 10% ROA and a 15% ROE. So I am pleased to say that it was a good quarter for Tiffany. Looking forward, we remain focused on a range of growth opportunities, including new product introductions and further broadening brand awareness through marketing communications. On a related marketing note, Tiffany is one of the most recognized and awarded leaders in the luxury digital space. Our passion and creativity in this area is seen within tiffany.com, as well as in our innovative social media programs, online advertising and mobile applications. Everywhere in the world, Tiffany is maximizing connectivity with our customers through all digital platforms. And to become even better, we will relaunch our website later this year with enhanced content that will be even richer and more robust in an integrated presentation. We will, of course, also be focused on expanding our global distribution and on growing comparable store sales, and we have a strong management team in place to achieve that. In fact, during the second quarter, we bolstered our global organization when we brought in experienced leaders to head 2 of our regions. For Northern America, Anthony Ledru comes to us with many years of global retail jewelry experience; and in Europe, Florence Rollet comes to us with a strong luxury background, where she had retail management responsibility across Europe. Anthony and Florence, along with our other regional leaders, report to FrÃÂ©dÃÂ©ric Cumenal, our Executive Vice President who joined Tiffany 2 years ago.
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