Sponsors
Billabong ▲ +0.002 | PPR ▲ +0.55 | American Apparel ▼ -0.013 | The Buckle ▼ -0.39 | Columbia ▲ +0.09 | Deckers Outdoor ▲ +0.26 | Dicks ▼ -0.02 | Foot Locker ▼ -0.18 | Genesco ▼ -0.06 | Iconix Brand Group ▼ -0.05 | Jarden Corp ▲ +0.15 | Nordstrom ▼ -0.15 | Luxottica ▼ -0.56 | Nike ▲ +0.51 | Pacific Sunwear ▼ -0.05 | Skullcandy ▼ -0.04 | Sport Chalet - 0 | Urban Outfitters ▼ -0.53 | VF Corp ▼ -0.01 | Quiksilver ▼ -0.01 | Zumiez ▼ -0.33 | Macys ▼ -0.37 | Tillys ▲ +0.05 |
Ticker Sponsor
Readers Say
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
The first thing I look at
The first thing I look at

I find Shop-Eat-Surf to be a very useful and informative site that I enjoy browsing daily. Shop-Eat-Surf is the first thing I look at every morning to keep up-to-date on the latest talk, events, and happenings in the industry. I must say I am a fan of Shop-Eat-Surf.

- By Bobby Abdel, Partner, Jack's Surfboards
Industry Insight

MOSS ADAMS: Webinar 12/2 on internal controls to increase the value of your business.
AGENDA: 12/30 deadline to pre-register for Jan. 5-6 Long Beach show.
CIT TRADE FINANCE: Middle-market retailers cautiously optimistic for holiday.
Details on Industry Insight.


Tiffany Montgomery
Print This Article

Volcom's Q4 revenue down 7.7 percent

By Tiffany Montgomery
February 25, 2010 1:29 PM

Here is a summary of Volcom’s fourth quarter and fiscal 2009 financial results released at 1 p.m.

Q4

Revenue: down 7.7% to $64.2 million.

U.S. revenue (includes Canada and Japan): down 16.2% to $46 million.

Europe revenue: up 18.3% to $12.9 million.

Electric revenue: up 39.5% to $5.3 million

Gross profit: increased to 49.2% of revenue vs. 44.4% the same period last year.

SG&A: up 6% to $28.1 million

Net income: Essentially flat $3.4 million vs. $3.3 million the same period last year, excluding charges that impacted reported 2008 results.

2009

Revenue: down 16% to $281 million

Net income: flat at $21.7 million.

Cash and short term investments: $111 million.

Long-term debt: none.

 


More on: Volcom, earnings

Articles You Might Have Missed