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Thursday, Sep 5
More on Quicksilver earnings
- Quiksilver (ZQK) posts a mixed FQ3, beating on its EPS but missing on revenue.
- Net earnings fell 84% as the sports outfitter was hurt by restructuring-related charges, asset write-downs and other items, as well as lower revenue.
- Revenue decreased 3.3% to $495.8M, led by a 10% drop at its namesake brand.
- Gross margin fell to 49.4% from 49.5%.
- Shares +13% AH.