Timberland Co reported its fourth-quarter profit jumped 41%, as the footwear maker benefited from strength at its European business.
For the fourth-quarter, Timberland reported net income of USD22.3 million, or USD40 cents a share, compared with USD13.1 million, or USD23 cents a share, a year earlier.
Revenue at the company dropped marginally to USD387.8 million from USD390.6 million.
Footwear sales fell about 3% to USD273.4 million, while in North America, total sales were down 7% at USD215.8 million. However, the company said sales in Europe increased 17% to USD128.4 million, helped by continued strength of its boots business and growth in all categories of women's footwear.


