Sport Supply Group, Inc. (RBI) reported fourth-quarter net income of $1.8 million or $0.15 per share, compared to net loss of $302 thousand or $0.03 per share last year.
On average, three analysts polled by First Call/Thomson Financial expected the company to report earnings of $0.15 per share.
Quarterly net sales grew to $61.11 million from $56.07 million in the comparable period a year ago.
Moving ahead, the company expects fiscal 2009 GAAP earnings per share in the range of $0.85 - $0.95. Analysts expect earnings of $0.88 per share.
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