Article: Borders Group Reports Record 2001 Sales; 2002 Outlook Points to 12% Consolidated Annual Earnings Growth and Q1 EPS Of Approximately 3 to 4 Cents per Share.

Business Editors

ANN ARBOR, Mich.--(BUSINESS WIRE)--Jan. 31, 2002

Borders Group (NYSE:BGP) today reported record sales for the fourth quarter and fiscal 2001, which ended Jan. 27. Consolidated sales, which include Borders domestic superstores, Waldenbooks and the company's International stores, were $1.20 billion for the fourth quarter and $3.39 billion for the full year.

Sales at Borders stores were $741.7 million for the fourth quarter and $2.23 billion for the full year. At Waldenbooks, sales for the fourth quarter were $375.3 million and $901.5 million for the full year. Sales within the company's International operations for the fourth ...

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