Hiking boots and outdoor clothing maker Timberland Co today posted a 47 per cent leap in earnings to $19.3 million, or 53 cents a share, from $13.9 million, or 36 cents a share, a year earlier.

First-quarter revenue rose 20.1 per cent to $271 million, driven by strong sales gains in both US and international markets.

The company's domestic revenue rose 9.8 per cent to $136.8 million in the latest quarter from $124.7 million last year, while international revenue increased 32.8% to $134.2 million from $101 million a year ago.

Worldwide footwear revenue for the first quarter of 2003 was $193.7 million, 19.1 per cent higher than the $162.6 million reported for the first quarter of 2002. Worldwide apparel and accessories revenue for the quarter increased 23.5 per cent to $73.7 million, compared with $59.7 million for the 2002 first quarter.

Looking forward, Jeffrey B. Swartz, president and chief executive officer, said: "Timberland is on-track to achieving our low double-digit revenue growth objective for the first half of 2003. For the second half of 2003, we continue to believe that mid single-digit revenue growth represents an appropriate target."