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For the fourth quarter, sales increased 14.8 percent to $1.8 billion. Loss from continuing operations was $159 million, compared to a loss from continuing operations of $192 million for the fourth quarter of fiscal 2010.
"We reported our seventh consecutive quarter of year-over-year sales growth and the largest percentage sales increase since 2006 for both the quarter and full year,” CEO Joe DeAngelo said. "In addition, we reported our highest gross profit rate since 2005 and our best operating profit since 2007."