NEW YORK — Bolstered by double-digit gains in its footwear business as well as 3 percent revenue growth in apparel and accessories, Timberland Co. delivered robust earnings for the fourth quarter ended Dec. 31.

Net income for the quarter came in with a 45.5 percent increase, climbing to $39.5 million, or $1.10 a diluted share, from $27.1 million, or 73 cents a share, in the same period last year, while sales rose 16.4 percent to $415.4 million from $357 million.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus