That performance compares with a net loss of $6.3 million or 19 cents per share in the same 2001 period.

The 15-year-old, 200-store Fort Lauderdale, FL-based retailing chain logged sales of $353.5 million in the period ended May 4 versus $339.4 million a year ago. Comparable store sales were up by 3.9%.

Earnings of five cents per diluted share were ahead of the company's previous projection. That has spurred Sports Authority chairman/CEO Martin Hanaka to raise the company's estimate of full-year earnings to 68 cents per diluted from 65 cents.

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