Despite the unseasonably warm weather conditions in the eastern US which impacted its sales of outdoor boots, LaCrosse Footwear Inc managed to post a 30% rise in third quarter profit.
For the three months to 29 September, the Portland, Oregon based firm said net income rose to $3.3m or $0.52 per share, from $2.5m or $0.41 per diluted share in the same period last year.

The company, which makes branded work and outdoor footwear under the Danner and LaCrosse brands, reported a 12% rise in net sales to $36.9m, up from $32.8m last time.

Sales to the work market were up 20% to $15.1m, while outdoor market revenues rose 7% to $21.8m.

Joseph P Schneider, president and CEO, said sales growth was driven by the new autumn product lines.

"At the same time, we maintained our strong gross margins, leveraged our operating expenses as a percent of sales, managed our inventory better and increased our profitability," he said.

For the first three quarters of 2007, net income rose 18% to $4.9m or $0.77 per share, from $4.1m or $0.66 per share, while net sales were up 12% to $85.5m from $76.1m.