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Jennifer Convertibles Corrects EPS Data Reported on Results for Fourth Quarter a

This Site:en.yinlu.net Source:en.yinlu.net Writer: Time:2007-11-22
WOODBURY, N.Y., Nov. 21 /PRNewswire-FirstCall/ -- Jennifer Convertibles,Inc. (Amex: - ) issued a press release yesterday announcing results for thefourth fiscal quarter and fiscal year ended August 25, 2007. All numbers inthe press release are accurate, with the exception of the earnings per sharecomputation. The corrected information is below.

                              THREE MONTHS ENDED        TWELVE MONTHS ENDED                             08/25/07     08/25/07     08/25/07     08/25/07                           (As Reported) (Corrected) (As Reported) (Corrected)    BASIC INCOME (LOSS) PER     COMMON SHARE:     Income From Continuing      Operations               $0.25        $0.22       $ 0.55       $ 0.52     Loss From Discontinued      Operations               $   -        $   -       $(0.01)      $(0.01)     Net Income                $0.25        $0.22       $ 0.54       $ 0.51    DILUTED INCOME (LOSS)     PER COMMON SHARE:     Income From Continuing      Operations               $0.23        $0.20       $ 0.49       $ 0.46     Loss From Discontinued      Operations               $   -        $   -       $(0.01)      $(0.01)     Net Income                $0.23        $0.20       $ 0.48       $ 0.45                                                        TWELVE MONTHS ENDED                                                       08/26/06     08/26/06                                                     (As Reported) (Corrected)    DILUTED INCOME (LOSS) PER COMMON SHARE:     Income From Continuing Operations                    $0.61       $0.61     Income From Discontinued Operations                  $0.02       $0.01     Net Income                                           $0.63       $0.62

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