Quiksilver posts 1st loss since 1992
- Share via
Huntington Beach-based surf wear maker Quiksilver Inc. reported a loss of $4.8 million, or 4 cents a share, for its fiscal second quarter, which ended April 30.
It was the first red ink since 1992 for the company, whose brands include Quiksilver, Roxy and Rossignol.
The loss, which was in line with analysts’ expectations, amounted to 4 cents a share. A year earlier, the company earned $3.7 million, or 3 cents a share. Sales rose 17% to $603.8 million.
The earnings were released after the end of regular stock trading, during which Quiksilver shares edged up 8 cents to $13.26.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
