NEW YORK — A one-time tax credit offset lower sales, permitting The Sports Authority Inc. to more than triple its earnings in the fourth quarter.

For the three months ended Feb. 1, the Fort Lauderdale, Fla.-based big-box sporting goods retailer reported net income swelled 238.8 percent to $52.9 million, or $1.61 a diluted share. That compares with earnings of $15.6 million, or 48 cents, in the year-ago quarter.

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