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Latest NewsOn June 7, 2012, Quiksilver, Inc. announced operating results for the second fiscal quarter ended April 30, 2012. Revenues grew 3% to $492.2 million compared to $478.1 million in the second quarter of fiscal 2011 and grew 5% in constant currency. The net loss was $5.1 million, or $0.03 per share, compared to a net loss of $83.3 million, or $0.51 per share, in the second quarter of fiscal 2011. The net loss a year ago included a $74.1 million non cash goodwill cheap ugg knockoffs impairment charge related to the company's business in Australia and Japan. The pro forma loss in the second quarter of fiscal 2012, which excludes $2.1 million of net after tax asset impairments and restructuring charges, was $3.0 million, or $0.02 per share, compared to pro forma income of $17.3 million, or $0.09 per share, in the second quarter of fiscal 2011, which excluded the $74.1 million non cash goodwill impairment charge mentioned above. The decline in pro forma income was primarily driven by gross margin contraction. Mr.
The chart below compares the stock price cheap ugg boots hong kong changes as a percentage for the selected companies and S 500 index for the last one year period. Based on a lower sales trend than previously projected, the Company now expects fiscal 2012, diluted earnings per share cheap ugg boots bailey of approximately $2.50 to $2.75. announced that for fiscal 2013, on ongoing basis it expects revenue growth at or slightly above the Company's high single digit target range. Heinz Company, NIKE, Inc. announced that for first quarter of 2012, it expects earnings per share in the range of $0.44 to $0.46. (Gap) has opened its first store in South Africa. The stock's year to date performance has been 14.96%. It is currently trading above 20 and 50 SMA, but below 200 SMA.
Sources: Yahoo Finance, Google Finance, Marketwatch, cheap ugg boots wholesale Finviz, Reuters.
Source: Earnings Preview: Quiksilver