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REI doubles earnings

Recreational Equipment Inc., otherwise known as REI to outdoor enthusiasts, more than doubled its earnings during 2009. The company reported that its profits increased from $29.8 million from $14.5 million during 2008. Operating expenses increased slightly to 37.8 percent from 37 percent a year ago. Operating income increased 36.6 percent to $100.6 million from $73.6… Continue Reading REI doubles earnings