Retail News & Trends: Blockbuster Profit Up on DVD Boom
April 24, 2002 01:46 PM ET
By Jackie Sindrich

NEW YORK (Reuters) - Blockbuster Inc., the world's largest video rental chain, on Wednesday reported a $1.75 billion quarterly net loss on a massive charge for a goodwill accounting change, but shares rose on a sharper-than-expected increase in operating profits due to the DVD craze.
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