Net income came in at €9,633,000 ($12.3 mm) versus€5,818,000 for the period ended Sept. 30 as total sales improved 11% to€111,946,0000 ($142.6 mm) from €100,767,000. Q3 operating income was 60% higherat €15,351,000 and gross margins improved 270 basis points to 40.6%. Improvedlogistics resulted in better availability and earlier shipments in the WinterSports segment that saw total Q3 sales rise 20% to €70.4 million ($89.7 mm).

Elsewhere in Q3, the Racquet Sports unit enjoyedbetter margins on racquets but experienced higher raw material cost pressureson its tennis ball business. Division sales dipped 5% to €33.4 million ($42.6mm) as gross margins grew 180 basis ... Log in to view full article.