USA: LaCrosse Footwear Posts Big Jump In Q3 Profit
Protective shoe and rainwear producer LaCrosse Footwear Inc on Monday posted a huge 148 per cent jump in third quarter profit from the year-ago period on the back of better margins and lower costs. The Oregon-based firm, whose brands include LaCrosse, Danner and Rainfair, reported consolidated net income the quarter ended September of $2.1 million, or 36 cents per share, versus $0.9m, or 15 cents, last year.