Sponsors
Billabong ▼ 0.000 | PPR ▲ +0.45 | American Apparel ▼ -0.006 | The Buckle ▼ -0.83 | Columbia ▼ -0.31 | Deckers Outdoor ▼ -1.45 | Dicks ▼ -0.52 | Foot Locker ▲ +0.04 | Genesco ▼ -0.67 | Iconix Brand Group ▲ +0.15 | Jarden Corp ▲ +0.10 | Nordstrom ▼ -0.62 | Luxottica ▼ -0.63 | Nike ▲ +0.93 | Pacific Sunwear ▲ +0.01 | Skullcandy ▼ -0.20 | Sport Chalet ▲ +0.04 | Urban Outfitters ▼ -0.64 | VF Corp ▼ -0.28 | Quiksilver ▲ +0.07 | Zumiez ▼ -0.31 | Macys ▼ -1.83 | Tillys ▲ +0.01 |
Ticker Sponsor
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
Keeps me in the loop
Keeps me in the loop

Being an Executive Edition member allows me to not miss a beat when it comes to the Industry business news. Definitely keeps me in the loop plus goes great with my morning joe.

- By Tony Perez, Surfer and Surfing magazines
New Industry Insight

Shorebreak Hotel as a venue for industry events. Cinematographer Louie Schwartzberg's "Moving Art Retreat" in June at Turtle Bay Resort. Details on Industry Insight.


Tiffany Montgomery
Print This Article

Volcom Q3 revenue falls 15.9 percent - less than planned

Volcom Q3 revenue falls 15.9
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