Timberland shares recover after nasty week

锘縏imberland shares recover after nasty week

Shares of Timberland Co! rebounded Friday after a disappointing quarterly report sent shares plunging a day earlier,

THE SPARK: Timberland reported Thursday that its firstquarter net income fell 30 percent despite revenue gains as higher product costs squeezed its profit margins,
THE ANALYSIS: Citi analyst Kate cheap timberland shoes uk McShane said Timberland's management is trying to build some stability and diversify its business but it has a worrisome inventory backlog and has failed to raise prices adequately, The company's stock has been very volatile and McShane kept a "Hold/High Risk" rating on the stock.

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