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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: patron_anejo_por_favor who wrote (109239)6/18/2001 5:59:11 PM
From: yard_man  Read Replies (1) of 436258
 
biz.yahoo.com

For the first quarter of fiscal 2001, sales increased 18% to $5.3 billion, comparable store sales for the quarter decreased 3%, and net earnings rose 20% to $225.3 million compared to last year's first quarter results. Diluted earnings per share were $.58 compared to $.49 for the comparable quarter of last year.

The sales increase during the first quarter was primarily attributable to the addition of 13 million square feet of retail selling space relating to new and relocated stores since last year's first quarter. Comparable store sales performance was negatively impacted by the sluggish economy and by deflation in lumber and building materials prices.
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