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$GIS 4Q15 PR: Net sales of $4,299MM a 0.4% increase vs. 4,283MM in 4Q14. Pound volume contributed 3 points of net sales growth, including incremental contributions from the Annie's organic foods business acquired in Oct. 2014 and an extra week in this year's period. Net earnings were $187MM down 53.8% vs. $404MM in 4Q14.
What will be an ideal EPS range for $PZZA in its earnings today?
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.