QUIKSILVER INC. SAID THURS-day that the company swung to a third-quarter profit from a year-ago loss.
For the three months ended July 31, income was $2.9 million, or 2 cents a diluted share, versus a loss of $7.9 million, or 6 cents, in the year-ago quarter. Income from continuing operations dropped 7.4 percent to $33.1 million, or 25 cents a diluted share, from $35.7 million, or 38 cents. Without a 3 cent tax benefit, earnings from continuing operations for the most recent quarter were 22 cents a share.
Revenues rose 6.9 percent to $564.9 million from $528.6 million. Figures include results from Rossignol, the winter sports equipment and apparel operation that is being...
Quiksilver Returns to Profitability in Third Quarter
Quiksilver Returns to Profitability in Third Quarter
by
Posted Friday September 05, 2008
From WWD Issue 09/05/2008
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