Sponsors
Billabong ▲ +0.025 | PPR ▲ +4.25 | American Apparel ▼ -0.002 | The Buckle ▼ -0.22 | Columbia ▲ +0.14 | Deckers Outdoor ▼ -1.05 | Dicks ▲ +0.73 | Foot Locker ▼ -2.31 | Genesco ▲ +0.96 | Iconix Brand Group ▲ +0.22 | Jarden Corp ▼ -0.09 | Nordstrom ▲ +0.15 | Luxottica ▲ +0.85 | Nike ▼ -0.29 | Pacific Sunwear ▲ +0.09 | Skullcandy ▲ +0.09 | Sport Chalet - 0 | Urban Outfitters ▼ -0.26 | VF Corp ▲ +0.29 | Quiksilver ▲ +0.02 | Zumiez ▲ +0.66 | Macys ▲ +0.41 | Tillys ▲ +0.08 |
Ticker Sponsor
Readers Say
Useful on a daily basis
Useful on a daily basis

It's well balanced information that is useful on a daily basis. I'm very satisfied with the Executive Edition. I start each day with SES and a big cup of coffee!

- By Tom Ruiz, EVP Sales, Volcom
The most up-to-date information
The most up-to-date information

“Shop-Eat-Surf is a great source for the most up to date information of what is going on in our industry. I always enjoy reading the articles and appreciate the effort from Tiffany and her team."

- By Richard Woolcott, CEO and Founder, Volcom
Industry Insight

SIA SNOW SHOW: New "Industry + Intelligence" seminar on January 28.
FSG LAWYERS: Represented Brixton in recent transaction with Altamont Capital.
Details on Industry Insight.


Tiffany Montgomery
Print This Article

Quik says results better than expected

By Tiffany Montgomery
March 11, 2010 3:22 PM

A quick summary of Quiksilver’s results for the first quarter ended Jan. 31. We’ll have more details later from the conference call.

Total revenue: down 2% to $432.7 million

Net loss, excluding charges: $2.5 million vs. $9 million the same period last year.

Net loss including severance charges: $5.4 million vs $65.9 million

Americas revenue: down 2%

Europe: down 2% in reported dollars. Down 12% in constant currency.

Asia/Pacific: down 16% in reported dollars. Down 15% in constant currency.

Inventory: down 21% to $301.2 million

Liquidity: $148 million available under credit lines; $150 million in unrestricted cash.

Second quarter guidance

Revenue: down high single digits

Earnings per share: in the low single digits

 


Articles You Might Have Missed