Billabong ▲ +0.005 | PPR ▲ +1.30 | American Apparel ▼ 0.00 | The Buckle ▼ -0.19 | Columbia ▼ 0.00 | Deckers Outdoor ▼ 0.00 | Dicks ▼ 0.00 | Foot Locker ▼ 0.00 | Genesco ▼ -0.65 | Iconix Brand Group ▼ -0.45 | Jarden Corp ▼ -0.04 | Nordstrom ▼ 0.00 | Luxottica ▼ -0.06 | Nike ▲ +0.05 | Pacific Sunwear ▲ +0.01 | Skullcandy ▼ 0.00 | Sport Chalet ▼ 0.00 | Urban Outfitters ▼ 0.00 | VF Corp ▼ 0.00 | Quiksilver ▼ 0.00 | Zumiez ▼ 0.00 | Macys ▼ 0.00 | Tillys ▼ 0.00 |
Ticker Sponsor
Professional Services
More Professional Services...
Readers Say
It pertains to my business
It pertains to my business

I’m an avid reader of Shop-Eat-Surf because it’s really the only online newsletter that I have found that is not only industry related, but also because it’s not so “guy-centric.” I find that a lot of the information I read on the site pertains to my business (as a swimwear designer) and keeps me up to date on what other companies and other women in the industry in general are doing which is not only inspiring but also helps me gauge the future direction of my business as well.

I feel privileged to read the Executive Edition because I know I am getting insider industry information before it hits the mainstream media channels. And it’s always good to know what my friends are up to in the industry.

- By Monica Wise, Founder, L*Space
Executive Edition rules
Executive Edition rules

“Shop-Eat-Surf” is now officially, the first stop in the morning for industry news. Accurate reporting, no sensationalism, and just the facts. Refreshing support to an incredible industry with a very bright future. Tiffany has cemented her role in the industry....the site is thought provoking, and inspirational. Learning the stories of others is incredibly useful. Great way to connect the retail community with the wholesale and financial, instantly and nationwide. ... And the Executive Edition rules.

- By Bob Hurley, Chairman, Hurley International
Industry Insight

KNOWSHOW: Complete list of exhibit brands and mobile app available.
MOSS ADAMS: Alert! Authorities after 45,000 businesses that didn't file 2012 California corporate taxes.
Details on Industry Insight.

Tiffany Montgomery
Print This Article

Volcom Q3 revenue falls 15.9 percent - less than planned

By Tiffany Montgomery
October 29, 2009 1:28 PM

Here are top-line highlights from Volcom's third quarter results released this afternoon.

Total revenue: down 15.9% to $93.9 million. While down, revenues were $9 million above the company's previous top-of-range guidance.

U.S. revenue (includes U.S., Canada, Japan): down 21.9% to $56.8 million.

Europe revenue: down 2.6% to $30.2 million, but up 9% in constant currency.

Electric revenue: down 12.6% to $6.9 million

Net income: down 18.4% to $13.3 million

Gross margin: 51.6% vs. 49.4% the same period last year.

Cash: The company has $99.3 million in cash and equivalents and no debt.

Q4 forecast: Revenues should range from $59 million to $62 million. Earnings per share will range from 1 to 4 cents.

Full year forecast: Revenue between $275 million to $278 million. Earnings per share from 76 to 79 cents.

More on: Volcom, earnings

Articles You Might Have Missed