Adidas Mulling Reebok Sale Overseas Group Launching Bid To Buy Reebok Reebok Rolls Out New Delta Logo Reebok Taps Venables Bell For Global Creative Reebok Drops DDB Amid Creative Review Adidas May Replace Reebok In NHL Could Adidas Replace Reebok On NHL Jerseys? Reebok Launching "Fitness In Motion" Campaign Adidas Restructures Reebok Management Reebok Seeks To Blend Shopping, Fitness
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REEBOK EXPECTED TO SHOW FOURTH-QUARTER RISE
Published January 6, 1995
Reebok International Ltd. "will post an earnings-per-share increase of about 10% to 15% for the fourth quarter," according to this morning's WALL STREET JOURNAL. Jennifer Black Groves, an analyst at Black & Co., estimates Reebok revenue "climbed 19% to $718.9M from $602.6M" and that domestic orders for Reeboks "climbed 27% to $338.4M from $258.2M in the year ago fourth quarter" -- but "part of the reason for the substantial gain was a lackluster 1993." Groves "estimates that fourth-quarter sales of Reebok brand shoes in the U.S. are up only 3% from the fourth quarter of 1992" (Joseph Periera, WALL STREET JOURNAL, 1/6).