Athletic footwear maker Reebok last week surprised Wall Street by posting an 18% hike in third-quarter earnings.

For the quarter ending September 30, the company recorded earnings of $42.2 million, or 66 cents per share – a cent above analyst’s top-end expectations. This compares with $32.3 million, or 56 cents per share, in the year-before period.Revenue climbed 7.6% to $847.2 million from $787.8 million a year ago.

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