Earnings came in at $1.68 per share, which is nearly triple last year's figure of 45 cents per share and well ahead of Wall Street's forecast of 88 cents. Revenue rose 10% to $1.423 billion, which topped analysts' estimates of a $1.248 billion tally.
“I am very pleased with the pace of recovery that we have seen across our business, as demonstrated by the strong financial results this quarter," said CEO Jochen Zeitz. "The actions we have taken to reshape the business are having a positive impact on our results, especially for our most important North American region.”
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