The Sports Authority Reports Fourth Quarter and Fiscal Year Results; Turnaround Efforts Return TSA to Profitability.

Business WireMarch 28, 2001

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The Sports Authority Reports Fourth Quarter and Fiscal Year Results; Turnaround Efforts Return TSA to Profitability.

Business Editors

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--March 28, 2001

The Sports Authority, Inc. (NYSE:TSA), the nation's largest full-line sporting goods retailer, today reported that in fiscal year 2000 income before non-recurring items increased to $6.8 million or $0.21 per share. On a comparable basis for fiscal 1999, the company reported a loss before non-recurring items of $15.2 million or $(0.48) per share. EBITDA increased by $28.4 million, or 73%, to $67.2 million from a comparable $38.8 million. The accompanying ...

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