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This excerpt taken from the SWY 10-Q filed Jul 23, 2007. 24-WEEKS ENDED JUNE 16, 2007 COMPARED WITH 24-WEEKS ENDED JUNE 17, 2006 Net income for the first 24 weeks of 2007 was $392.6 million ($0.88 per diluted share) compared to $389.1 million ($0.86 per diluted share) in the first 24 weeks of 2006. Net income in the first 24 weeks of 2006 benefited from a $58.5 million ($0.13 per diluted share) reduction in income tax expense related to an income tax refund. The gross profit margin was 28.89% in the first 24 weeks of 2007 compared to 28.87% in 2006. Operating and administrative expense was 24.80% in 2007 compared to 25.04% in 2006. |
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