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Article: American Greetings Announces Record Second Quarter Earnings.(Financial report)

Article from:
PR Newswire Europe
Article date:
September 24, 2009
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CLEVELAND, September 24 /PRNewswire/ --

American Greetings Corporation (NYSE: AM) 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 US$356.4 million, pre-tax income of US$34.1 million, and net income of US$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 US$7.9 million (after tax of approximately US$7.6 million) or approximately 19 cents per share.

For the second quarter of fiscal 2009, the Company ...

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