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Article: Albertsons Earnings From Continuing Operations Increase +13%; Strong Cash Flow and Margins.
- Article from:
- PR Newswire
- Article date:
- September 5, 2002
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CEO, CFO File Financial Certification Documents Prior To SEC Deadline
No Impairment of Goodwill Required
-- BOISE, Idaho, Sept. 5 /PRNewswire-FirstCall/ -- Albertsons, Inc. announced today a +13% increase in second quarter earnings from continuing operations (before discontinued operations, restructuring and other items) totaling $220 million, or $0.54 per share, exceeding the Company's EPS guidance for the period and meeting the First Call Consensus of securities analysts. Net earnings for the quarter ended August 1, 2002, reached $253 million, or $0.62 per share, compared to a loss of $151 million, or $0.37 loss per share, in the second ...