Author: Maclintosh Kuhlengisa
123jump.com
Last Update: 5:59 PM EDT March 19 2008
The video game and entertainment software retailer reported earnings of $189.8 million or $1.14 a share, up 46% over the prior year due to lower than expected foreign tax expense resulting from profitability in many European countries. The business is set up for the worldwide mass specialist set up as the firm sees growth opportunities in the U.S. and abroad as the firm is gaining more brand traction every year. The board approved an additional $130 million note repurchase program.
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