Canada's largest retailer of sporting goods The Forzani Group Ltd. has reported improved financial results for the 13 weeks ended July 30.

Net earnings for the period were $1.9 million compared with a loss in the prior year's second quarter of $2.3 million.

Sales for the quarter were $337.9 million, an increase of $32.8 million, or 10.8%, compared with $305.1 million in the 2005 period. The increase was partly due to the addition, on January 31, of The Fitness Source Inc. Exclusive of the acquisition of Fitness Source, retail system sales increased $29.1 million, or 9.5%.

All categories performed well, in particular team sports, cycling and inline hardgoods lines, athletic, casual and licensed clothing, and footwear.

Revenue for the 26-week period ended July 30 was $564.4 million, an $82.6 million, or 17.1% increase over the 26-week period last year.