Acushnet Reportedly Prepping For IPO MP & Silva Sells Controlling Stake Judge OKs Sports Authority Sales Plan Reebok, J.J. Watt Roll Out New Ad Campaign StubHub Parent Company Buys Ticketbis Dick's To Bid For Closing Sports Authorities Liquidators Win Sports Authority Asset Auction Disney Shares Slide After Q2 Earnings Report Adidas Plans To Sell Most Of Golf Division Sports Authority Still Looking For Buyers
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REEBOK EARNINGS RISE ABOVE ANALYSTS' EXPECTATIONS
Published October 17, 1997
Reebok's third quarter earnings rose 9% to $55.1M, up from $50.6M a year ago, according to the WALL STREET JOURNAL. Reebok's earnings were $0.94 a share, up from $0.75 a share in the year-earlier period, and higher than analysts' estimates of $0.92 a share (WALL STREET JOURNAL, 10/17). Reebok said 3Q profit rose on sales of 3D UltraLite Electrolyte and DMX running shoes (WASHINGTON POST, 10/17).