During the first six months of fiscal 2004, net earnings from continuing operations were $37.7 million and diluted earnings per share were $0.55.Losses from discontinued operations were ($3.4) million or ($0.05) per diluted share in the first half 2005 and ($19.8) million or ($0.29) per diluted share in the first half 2004.
Net earnings for the first half of fiscal 2005 were $50.1 million and diluted earnings per share were $0.74. During the first six months of fiscal 004, net earnings were $17.9 million and diluted earnings per share were 0.26.
Payless ShoeSource Inc is the largest specialty family footwear retailer in the Western Hemisphere. Payless ShoeSource offers family footwear and accessories including women's shoes, men's shoes, girl shoes, boy shoes, infant shoes, back to school shoe.
As of the end of July 2005, the company operated a total of 4,625 stores offering quality family footwear and accessories at affordable prices. In addition, customers can buy shoes through company website.