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Article: Macy's, Inc. Reports Fourth Quarter Earnings of $1.73 Per Diluted Share from Continuing Operations vs. $1.45 Last Year.(Financial report)
- Article from:
- Business Wire
- Article date:
- February 26, 2008
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4Q Diluted EPS, Excluding Merger Integration Costs, is $1.83
CINCINNATI -- Macy's, Inc. (NYSE:M) today reported earnings from continuing operations of $1.73 per diluted share for the 13-week fourth quarter of 2007, ended Feb. 2, 2008. This compares with diluted earnings per share from continuing operations of $1.45 for the 14-week fourth quarter last year.
Excluding May Company merger integration costs of $69 million ($43 million after tax or 10 cents per diluted share), fourth quarter diluted earnings per share from continuing operations were $1.83. Included in 2007 fourth quarter is a non-cash tax credit of $78 million (18 cents per diluted share) from ...