ended Jan 31    Shr loss 1.58 dlrs vs profit 58 cts
    Net loss 24.2 mln vs profit 18.9 mln
    Sales 1.34 billion vs 1.32 billion
    Avg shrs 20.0 mln vs 19.8 mln
    Year
    Shr loss 1.27 dlrs vs profit 92 cts
    Net profit 4.2 mln vs profit 48.0 mln
    Sales 4.09 billion vs 3.98 billion
    Avg shrs 20.2 mln vs 19.6 mln
    NOTES: Share results after provision for preferred
dividends
    Per share profits from operations were 1.46 dlrs vs 71 cts
in the quarter and 2.44 dlrs vs 1.05 dlrs in year. On a fully
diluted basis this was 1.11 dlrs vs 67 cts and 2.42 dlrs vs
1.58 dlrs, respectively, based on 33.0 mln vs 32.3 mln shares
outstanding in quarter and 32.8 mln vs 32.1 mln in year
    1986 results in both periods include pre-tax losses pf 2.2
mln dlr on sale of John Wanamaker and 25.0 mln dlrs related to
recapitalization, for a combined primary per share charge of
1.58 dlrs in quarter and 1.57 dlrs in year.
    1986 results also include an after-tax charge 29.3 mln
dlrs, equal to 1.46 dlrs a share in quarter and 1.44 dlrs in
year, for premium on early retirement of debt
    1985 net in both periods includes pre-tax loss of 2.4 mln
dlrs, equal to 13 cts a share, on sale of Holt Renfrew
    Results include LIFO charge 1.7 mln dlrs vs credit 4.4 mln
dlrs in quarter and credit 1.9 mln dlrs vs credit 6.4 mln dlrs
in year
 Reuter
