Reebok reports lower sales
Reebok International Ltd has reported net income for the third quarter ended September 30, 2005 of $117.7 million compared with $81.8 million for the third quarter of 2004. However, net sales for the 2005 third quarter were $1.04 billion compared with 2004's third quarter net sales of $1.16 billion. For the Reebok Brand, worldwide sales in the 2005 third quarter were $912 million as compared with 2004's third quarter sales of $1 billion.