Article: Borders Group Reports Fourth Quarter 2004 EPS of $1.62, Up 8.7% Over 2003; Management Reiterates Previous Guidance for Q1 and Full Year 2005.

ANN ARBOR, Mich. -- Borders Group Inc. (NYSE:BGP) today reported final fourth quarter and full-year 2004 results for the period ended Jan. 23, 2005. With fourth quarter consolidated earnings per share of $1.62, the company generated earnings per share growth of 8.7% over the same period in 2003. Full-year consolidated earnings per share were $1.69, representing an increase of 15.8% over $1.46 for 2003, which is the restated earnings per share figure after lease-related accounting adjustments. Management also reiterated full-year 2005 consolidated earnings per share guidance of $1.85 to $1.92, representing growth of 10% to 14% over 2004. All earnings per share figures are ...

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