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Prospect News home > News index > List of issuers F > Headlines for Footstar, Inc. > News item |
Footstar posts $2.5 million income before taxes for May 29 to July 2
By Caroline Salls
Pittsburgh, July 29 - Footstar Inc. showed a $2.5 million income before taxes, minority interests and discontinued operations for May 29 to July 2 on sales of $75.3 million.
In the four-week period ended May 28, Footstar posted $58.3 million in sales.
The net loss for the June period was $300,000, compared to net income of $3.2 million for the previous period.
Cash and cash equivalents on July 2 were $218.5 million, compared to $206.4 million at May 28.
West Nyack, N.Y.-based Footstar filed for bankruptcy on March 2, 2004. Its Chapter 11 case number is 04-22350.
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