MOMENTUM FROM HILL HAS FILA SOARING TO NEW HEIGHTS
Fila stock jumped more than $4 a share yesterday after the
company posted its seventh straight quarter of higher-than-
expected earnings and announced orders for delivery are up 42%.
The Baltimore SUN reports analysts and FIla officials say "one
reason" behind the record sales is Fila's early launch of the new
edition Grant Hill-signature shoe. Demand for Hill II will be
reflected in next quarter's figures, raising estimates of
earnings for the year. Fila stock closed at $48.25 and more than
triple the $15.50 price in September '94. The company also
reports soaring sales growth in its apparel line and
international markets for athletic shoes (Timothy Mullaney,
Baltimore SUN, 11/10).