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Article: American Greetings Announces Record Second Quarter Earnings.

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PR Newswire
Article date:
September 24, 2009
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CLEVELAND, Sept. 24 /PRNewswire-FirstCall/ -- American Greetings Corporation today announced its second quarter results for the quarter ended August 28, 2009.

Second Quarter Results

For the second quarter of fiscal 2010, the Company reported total revenue of $356.4 million, pre-tax income of $34.1 million, and net income of $23.1 million or 59 cents per share (all per-share amounts assume dilution). Included within these results was a pre-tax benefit from an insurance program of $7.9 million (after tax of approximately $7.6 million) or approximately 19 cents per share.

For the second quarter of fiscal 2009, the Company reported total revenue ...

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