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  • wwzg@sbcglobal.net wwzg Jun 30, 2009 4:29 PM Flag

    Could Get Real Ugly Low $1.50's markets tanking

    Tomorrows going to get real ugly

    Net sales for the six months ended May 31, 2009 decreased 20.7% to $608.4 million from $767.3 million for the comparable period a year earlier. Gross profit was $240.4 million, or 39.5% of net sales, versus $301.6 million, or 39.3% of net sales, for the comparable period a year earlier. Adjusted EBITDA was $77.1 million, or 12.7% of net sales, versus $101.7 million, or 13.3% of net sales, compared to the six month period in the prior year.

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