{"id":17611,"date":"2010-09-06T15:38:08","date_gmt":"2010-09-06T22:38:08","guid":{"rendered":"http:\/\/www.boardistan.com\/?p=17611"},"modified":"2010-09-06T16:04:32","modified_gmt":"2010-09-06T23:04:32","slug":"quiksilver-falls-12-percent-in-q3","status":"publish","type":"post","link":"http:\/\/www.boardistan.com\/?p=17611","title":{"rendered":"Quiksilver Falls 12 Percent In Q3"},"content":{"rendered":"<p><a href=\"http:\/\/www.boardistan.com\/wp-content\/uploads\/2010\/03\/quik_logo10.jpg\" onclick=\"window.open('http:\/\/www.boardistan.com\/wp-content\/uploads\/2010\/03\/quik_logo10.jpg','popup','width=180,height=40,scrollbars=no,resizable=yes,toolbar=no,directories=no,location=no,menubar=no,status=yes,left=0,top=0');return false\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.boardistan.com\/wp-content\/uploads\/2010\/09\/quik_logo10-tm1.jpg\" height=\"44\" width=\"200\" border=\"1\" align=\"right\" hspace=\"4\" vspace=\"4\" alt=\"Quik Logo10\" \/><\/a>First <strong><a href=\"http:\/\/www.billabong.com\/\" target=\"_blank\">Billabong<\/a><\/strong> reported that things in the branded boardsports fashion market <strong><a href=\"http:\/\/www.boardistan.com\/?p=17452\" target=\"_blank\">weren&#8217;t going well<\/a><\/strong> and now <strong><a href=\"http:\/\/www.quiksilver.com\/\" target=\"_blank\">Quiksilver<\/a><\/strong> adds in that things are going to get even worse, according to a story in the <strong><em><a href=\"http:\/\/www.smh.com.au\/business\/quiksilver-warns-of-tough-ride-20100906-14y34.html\" target=\"_blank\">Sydney Morning Herald<\/a><\/em><\/strong>.<\/p>\n<blockquote><p>&#8220;We expect fourth quarter . . . revenues to be down 15 per cent after accounting for a weaker translation rate on the euro and the marked decline in consumer demand in the Asia-Pacific region,&#8221; Mr Scirocco said. . . Quiksilver posted a 12 per cent fall in third-quarter revenue to $US441 million ($481 million). Revenue in the Americas \u2013 dominated by a recession and high unemployment \u2013 was down 9 per cent but there was a 10 per cent drop in the Asia-Pacific region primarily due to market weakness in Australia. . .<\/p><\/blockquote>\n<p>Looks like Q1 2011 is going to be pretty bad. Get ready.<\/p>\n<p><strong>[Link: <\/strong><strong><a href=\"http:\/\/www.smh.com.au\/business\/quiksilver-warns-of-tough-ride-20100906-14y34.html\" target=\"_blank\">Sydney Morning Herald<\/a><\/strong><strong>]<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>First Billabong reported that things in the branded boardsports fashion market weren&#8217;t going well and now Quiksilver adds in that things are going to get even worse, according to a story in the Sydney Morning Herald. &#8220;We expect fourth quarter . . . revenues to be down 15 per cent after accounting for a weaker [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[10,12],"tags":[],"_links":{"self":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/17611"}],"collection":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17611"}],"version-history":[{"count":2,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/17611\/revisions"}],"predecessor-version":[{"id":17626,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/17611\/revisions\/17626"}],"wp:attachment":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17611"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}