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Oakley Profit Up, Meeting Forecasts

Published October 23, 2007

FOOTHILL RANCH, CA (BRAIN)—Oakley reported higher quarterly profit, in line with analysts' estimates.

Oakley said third-quarter net income rose 37 percent to $23.7 million, or 34 cents a share, from $17.3, or 25 cents, a year earlier. Sales increased 25.5 percent to $263.8 million.

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