Quiksilver reports Q1 results - sportstextiles: Lea SportsTextiles

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Quiksilver reports Q1 results

13/03/2006
Outdoor sports lifestyle company Quiksilver, Inc. has reported strong growth in its operating results for the first quarter ended January 31, 2006. Consolidated net revenues increased 58% to $541.1 from $342.9 million in the first quarter of fiscal 2005. Consolidated net income for the first quarter of fiscal 2006 increased 31% to $18.6 million from $14.2 million the year before. Net revenues from the company's newly acquired Rossignol and Cleveland Golf businesses totalled $192 million during the first quarter.

Quiksilver designs, produces and distributes a mix of branded apparel, winter sports and golf equipment, footwear, accessories and related products.

 


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