Billabong ▼ -0.020 | PPR ▲ +0.60 | American Apparel - 0 | The Buckle ▲ +0.18 | Columbia ▲ +8.90 | Deckers Outdoor ▲ +1.33 | Dicks ▲ +0.58 | Foot Locker ▲ +0.26 | Genesco ▲ +0.47 | Iconix Brand Group ▲ +0.02 | Jarden Corp ▼ -0.37 | Nordstrom ▼ -0.03 | Luxottica ▼ -0.19 | Nike ▲ +0.21 | Pacific Sunwear ▼ -0.039 | Skullcandy ▲ +0.08 | Sport Chalet - 0 | Urban Outfitters ▼ -0.38 | VF Corp ▲ +0.43 | Quiksilver ▼ -0.025 | Zumiez ▼ -0.41 | Macys ▼ -0.28 | Tillys ▲ +0.01 |
Ticker Sponsor
Professional Services
More Professional Services...
Readers Say
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
Executive Edition is a must have
Executive Edition is a must have

Before Shop-Eat-Surf, there were two sites I paid for premium content on. One is Surfline, the other is the Wall Street Journal. One is about all things surf, the other, the best business content site in the world. Shop-eat-surf is the intersection of those two worlds. Shop-Eat-Surf provides everything from coverage of events, people, brands and trends. However, beyond the Executive Edition "wall" is more meaty analysis and interpretation of financial statements, business models and brand philosophies; why certain brands and companies are succeeding, where others aren't. The Executive Edition is a must have read if the business of surf and action sports are on your radar screen.

- By Jeff Berg, Co-owner, Surfline
Industry Insight

AGENDA: Pre-registration and lodging specials for Vegas show, Aug. 17-19.
SIA: Cooling down NYC with annual Summer Snowdown media event.

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