For the quarter ended Jan. 29, the company reported net incomeof $70.9 million, or 50 cents per diluted share, compared with netincome of $65 million, or 43 cents per diluted share, for thefourth quarter of fiscal 2004. The fourth quarter of 2005 includedbenefits from a credit card rate settlement and other one-timeevents that helped earnings.

For all of fiscal 2005, the company reported net income of$182.5 million, or $1.25 per diluted share. That compares withfiscal 2004 net income of $157.5 million, or $1.05 per dilutedshare.

Sales for the fourth quarter rose to $1.05 billion, compared to$934.3 million for the same period in 2004, and comparable storesales grew 4.5% on top of 4.6% in the fourth quarter of 2004. Forthe year, the company reported sales of $3.76 billion, up from$3.36 billion a year ago. Comparable store sales grew 4.2% in 2005,versus 6.3% in 2004.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.