News

Timberland profit gain

23/10/2003

Third quarter profits for the Timberland Co. of Stratham, New Hampshire, were reported to be up 8.4% because of higher sales overseas where the weak U.S. dollar has offset revenue declines in the U.S. market.

 

The company reported earnings for the third quarter, which ended September 26, as $53.3 million or $1.47 per share, up from the $49.2 million or $1.30 a share last year. The results were said to have topped Wall Street’s estimates of $1.42 per share.

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