TaylorMade CEO Sharpe Talks About His Plan Adidas Meets Expectations With Q3 Results MSG Could Double In Value With Split ScoreBig Closes $18M Series D VC Funding MSG Considers Splitting In Two Callaway Golf's Q3 Revenue Beats Projections Under Armour's Apparel & Footwear Sales Rise By 29% TPG Takes 53% Majority Stake In CAA Adidas Mulling Reebok Sale Overseas Group Launching Bid To Buy Reebok
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).