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Reebok Makes a Run For It
By Alyce Lomax (TMF Lomax)
April 25, 2005

Reebok (NYSE: RBK) announced an upbeat first quarter today, delivering increased earnings and sales figures and beating analysts' estimates by a penny. The results are heartening, given a period last year when it posted some rather lackluster results.

For the quarter, Motley Fool Stock Advisor pick Reebok reported a 5% increase in earnings to $43 million, or $0.70 per share. Sales increased 11% to $925 million. The company's acquisition of The Hockey Company added a positive spin to sales, although it had a negative effect on earnings during the quarter. Going forward, Reebok said it believes it can grow earnings by 15% this year, with sales pegged in the mid-single-digit range...
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