Timberland reports record Q3 results
Footwear and clothing company The Timberland Company has reported a record rise in net income for the third quarter of the fiscal year, at $68.6 million compared with $53.3 million for the same period in 2003.
Third quarter revenue – driven by strong global sales - increased by 11.3% year-on-year, to reach $493.9 million.
Footwear performed particularly well, with revenues in this sector rising 13.6% to achieve $388.2 million. Sales increases were seen in men’s, women’s and children’s categories.