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REEBOK SHOWS GAINS OVER '93 PROFIT LEVELS
Published February 1, 1995
Reebok International Ltd. topped its '91 profits peak last year with net earnings of $254M, "an underlying increase" of 10% from '93. Earnings per share, which have risen each year as a result of share buy-backs, were up 16% at $3.02. Final quarter earnings for the year rose 5% to $53M, or 64 cents per share. Sales were up 18% at $709M. In the U.S., footwear sales rose 14% in the 4thQ; sportswear sales rose 24% (Tony Jackson, FINANCIAL TIMES, 2/1).
