Sponsors
▼ Professional Services
CIT Trade Finance
CIT is the nation’s leading provider of financing, factoring
More...
► News from other sources
► Industry Insight
► What our readers say...
Volcom revenues rise 15%, profits drop
Volcom CEO Richard Woolcott in Tavarua in June. Photo by Tom Servais.
By TIFFANY MONTGOMERY
July 29, 2010 01:00 PM
July 29, 2010 01:00 PM
Volcom released financial results for the quarter ended June 30 today.
Here is a summary of the results. All comparisions are vs. the same quarter last year.
Total Revenue: $62.5 million, up 15.3 %
U.S. Revenue: $50.8 million, up 16.5%
Europe Revenue: $5.1 million, down 13.5%
Electric Revenue: $6.6 million, up 40.4%
SG&A: $29.8 million, up 15%
Gross profit margin: 47.7%
Net Income: $68,000, down 92.2%
Cash, equivalents and short-term investments: $110 million
Long-term debt: none
Guidance: Revenues between $102 million to $105 million, earnings per share of 47 cents to 51 cents.
Articles you might have missed
▼ Industry Releases
- Q1 same store sales jump 12% for Journeys
- Twitch releases 420% All Natural
- Quiksilver founder named Father of the Year
- K-5 hosts 12th annual Game of Skate
- Obermeyer names Director of Technology
- Photos from IVI party launch
- SIA: Snow season finished down
- European woes hurt Abercrombie results
- Visualante releases line of camera bags
- Retailers mark 22 months of growth
- SES Pages
- Home
- About Us
- Archives
- Industry Insight
- Contact Us
- Sponsors
- SES Topics
- Executive Edition
- Videos
- Surf
- Skate
- Snow
- Executive Moves
- Moto
- Financial news
- Trade Shows
- Retail
- SES Friends
- groupY
- Apparel News
- Int'l Surfing Museum
- SDSI
- Malakye
- Surfline
- Beach Blog
- Surfing Heritage Found.
- SES Sponsors
- Miahyalo College
- Turtle Bay Resort
- Wells Fargo Capital Finance
- ChopShop
- Ei-Lo
- KNOW?SHOW
- Surf Expo
- S.L.A.T.E.
SES Authors
Developed by Taylor Digital
© Shop-Eat-Surf, LLC, 2008-2012. All rights reserved.
