Profitable growth for Quik in Europe
Quiksilver Europe posted a 4 percent increase in consolidated revenues to €127.8 million in the first quarter of its financial year. During the period, which ended Jan. 31, sales went up by 9 percent in Quik’s own European stores on a comparable store basis, but they were offset by the closure of unprofitable stores and the...
Quiksilver returns to quarterly profit
The Quiksilver group’s sales climbed by 10.1 percent to $545.2 million for the fourth quarter of its fiscal year, until the end of October, with a sales increase of 6 percent in constant currencies. It achieved a net profit of $67.9 million for the quarter, but this was almost entirely due to a tax benefit...
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