Sales, Profits Up At Timberland

  • April 29, 2010
Consumers are tiptoeing back to earth-friendly footwear, with the Timberland Co. reporting that first-quarter sales climbed 6.9% to $317 million, while net income rose to $25.7 million, compared with $15.9 million.

In North America, revenue gained 1.7% to $121.9 million. Comparable-store sales rose 4.5% in its 220 specialty and outlet stores across North America, Europe, and Asia.

"We are pleased to see that our product and brand initiatives are gaining traction," Jeffrey B. Swartz, president/CEO, says in its earnings results. "By re-asserting our heritage strength in the outdoor category and finding unique ways to link value and values in products like our Earthkeepers line, we continue to position Timberland for long-term success."--Sarah Mahoney



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