Disappointing quarter for Quiksilver - sportstextiles: Lea SportsTextiles

News

Disappointing quarter for Quiksilver

18/12/2009
Sports and outdoor apparel and accessories group Quiksilver has reported lower sales and margins for the fourth quarter of its most recent business year.

For the quarter ended October 31, the company reported a loss of $1.8 million on revenues that decreased by 11% to $538.7 million

“Our fourth quarter was very challenging, as retailers bought conservatively for the holiday season and traffic in our own retail stores remained sluggish through October,” said chairman and chief executive, Robert McKnight.

Sportstextiles.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.