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NEW YORK (AP) -- Payday lender Dollar Financial Corp. said Monday it will take a one-time charge to implement its plan to open 75 and 100 new stores in Canada in fiscal 2008. The company said incremental new store earnings drag and infrastructure investment required for the openings will hurt earnings by about $3 million to $3.5 million pretax. Earnings from recently acquired financial-services stores in the Midwest are expected to offset infrastructure costs and new store earnings drag. The company reaffirmed calendar year guidance of revenue between $450 million and $460 million. For fiscal 2008, the company said it expects earnings of $2.05 to $2.20 per share on revenue between $470 million and $490 million for fiscal 2008. Analysts surveyed by Thomson Financial forecast, on average, earnings per share of $2.16 and revenue of $483.3 million. Shares rose 93 cents, or 3.9 percent, to $25 in aftermarket electronic trading, after closing down 42 cents at $24.07.
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