Operating profit was impacted by new store pre-opening costs (comprised of pre-opening rent, labor and associated fringe benefits and recruiting and relocation costs incurred prior to a new store opening) of $15.8 million (0.54% of sales) and $3.3 million (0.13% of sales) in fiscal 2006 and fiscal 2005, respectively.
Operating profit was also reduced by $2.3 million (0.08% of sales) and $1.6 million (0.06% of sales) in fiscal 2006 and fiscal 2005, respectively, for required reserves and other costs associated with store closings and other expenses in connection with the 2005 Winn-Dixie store acquisition.
For the fourth quarter ended October 1, 2006, operating profit was $30.2 million (4.02% of sales), an increase of 12.2% from $26.9 million (4.01% of sales) in the prior year period.
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