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Article: Timberland Reports Third-Quarter 2009 Results.
- Article from:
- Marketing Weekly News
- Article date:
- November 14, 2009
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The Timberland Company (NYSE: TBL) reported third-quarter 2009 net income of $37.8 million and diluted earnings per share of $0.68. These results compare to third-quarter 2008 net income of $30.7 million and diluted earnings per share of $0.52. Third-Quarter 2009 Results Summary: Revenue remained relatively flat at $421.8 million compared to the prior year but was up 1.7% on a constant dollar basis, reflecting strong growth in the boots business in Europe and SmartWool[R] brand offset by declines in casual footwear and Timberland[R] brand apparel. Foreign exchange rate changes decreased third-quarter 2009 revenue by approximately $9 million due to the strength of the U.S. ...
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Article: Timberland isn't strictly domestic investment.
Pensions & Investments;
October 16, 2000 ;
700+ words
... ... days. U.S. institutions now own timberland worth more than $8 billion. The returns ... with the risks associated with holding timberland (no, the trees don't burn up every ... While the investible universe for timberland in the United States exceeds $200 billion ...
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