Timberland revenues take a step down
01/11/2007
The Timberland Company has reported third-quarter net income of $25.9 million compared with $55.6 million in the same quarter of 2006, partly due to costs associated with store closures.
Third quarter revenue fell 13.9% to $433.3 million as a result of anticipated declines in the boots and kids' businesses and declines in the Timberland apparel business.