‘Max reports Q4 results



OfficeMax has posted a Q4 profit before one-time items.
‘Max reported earnings of $6 million, or EPS of $0.07, compared with a year-earlier loss of $18.7 million, or $0.24 per share.
The year-ago figures included results from the company’s forest products and timberland assets, sold in October 2004. Including preferred dividends and charges from a headquarters consolidation and the write-off of some deferred software costs, the company said its net loss widened to $43.1 million, or $0.62 per share, from $1.4 million, or $0.02 per share.