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Article: Federated Reports Fourth Quarter Earnings of $1.45 Per Diluted Share from Continuing Operations.(Financial report)
- Article from:
- Business Wire
- Article date:
- February 27, 2007
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Diluted EPS From Continuing Operations, Excluding Merger Integration Costs and Inventory Valuation Adjustments, is $1.66 - Exceeding the Company's Guidance
CINCINNATI -- Federated Department Stores, Inc. (NYSE:FD)(NYSE Arca:FD) today reported diluted earnings per share from continuing operations of $1.45 for the 14-week fourth quarter of 2006, ended Feb. 3, 2007. This compares with diluted earnings per share from continuing operations of $1.22 for the 13-week period ended Jan. 28, 2006.
Excluding May Company merger integration costs and related inventory valuation adjustments of $177 million ($110 million after tax or 21 cents per diluted share), fourth ...