More on Quiksilver (ZQK): FQ1 misses on both EPS and revenue as total sales decline by 4.1% Y/Y....

|By:, SA News Editor

More on Quiksilver (ZQK): FQ1 misses on both EPS and revenue as total sales decline by 4.1% Y/Y. Net earnings also declined, as bottom line performance was negatively impacted by the closure of underperforming retail stores as well as disappointing performances in its wholesale channel. Revenue from its Americas unit, the largest share of its top line, was down 9.3% and declined 2.3% in the Asia-Pacific region, while sales rose 1.4% in Europe. Shares -8.7% AH.