{"id":48800,"date":"2015-06-09T15:41:56","date_gmt":"2015-06-09T22:41:56","guid":{"rendered":"http:\/\/www.boardistan.com\/?p=48800"},"modified":"2017-11-06T10:17:48","modified_gmt":"2017-11-06T17:17:48","slug":"more-bad-news-for-quiksilver","status":"publish","type":"post","link":"http:\/\/www.boardistan.com\/?p=48800","title":{"rendered":"More Bad News For Quiksilver"},"content":{"rendered":"<p><a href=\"http:\/\/www.boardistan.com\/wp-content\/uploads\/2015\/06\/logo-qs@2x.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.boardistan.com\/wp-content\/uploads\/2015\/06\/logo-qs@2x-tm.jpg\" alt=\"Logo-Qs@2X\" width=\"100\" height=\"65\" align=\"right\" border=\"1\" hspace=\"4\" vspace=\"4\"><\/a>Last week <strong><a href=\"http:\/\/www.theaustralian.com.au\/business\/wall-street-journal\/sacking-row-splits-quiksilver-board\/story-fnay3ubk-1227384540603\">a board member resigned<\/a><\/strong> with some anger and now <a href=\"http:\/\/www.boardistan.com\/?s=quiksilver\"><strong>Quiksilver<\/strong><\/a> stock has fallen 38 percent after the company reported a less than stellar second quarter, according to a story in the <strong><em><a href=\"http:\/\/www.ocbj.com\/news\/2015\/jun\/09\/quiksilver-shares-open-down-39\/\">Orange County Business Journal<\/a><\/em><\/strong>.<\/p>\n<blockquote><p>The Huntington Beach-based apparel manufacturer and retailer posted $333 million in revenue for the quarter that ended April 30, compared with $397 million for the same period a year earlier. It recorded a loss of $37.5 million or 22 cents per share, about the same as last year. Analysts expected $341.24 million in revenue and a loss of 14 cents per share for the quarter. . . Revenue for its Quiksilver division decreased $28 million, or 16.7%, to $139 million. Sales for the Roxy division dropped $15 million, or 12.5%, to $105 million. DC Shoes was down $22 million, or 21.3%, to $81 million.<\/p><\/blockquote>\n<p>Down, down, and down. At this rate <strong>Bob McKnight<\/strong> and friends will be able to take Quik private again for next to nothing. . . oh, did we say that out loud?<\/p>\n<p><strong>[Link: <\/strong><strong><a href=\"http:\/\/www.ocbj.com\/news\/2015\/jun\/09\/quiksilver-shares-open-down-39\/\">Orange County Business Journal<\/a><\/strong><strong>]<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last week a board member resigned with some anger and now Quiksilver stock has fallen 38 percent after the company reported a less than stellar second quarter, according to a story in the Orange County Business Journal. The Huntington Beach-based apparel manufacturer and retailer posted $333 million in revenue for the quarter that ended April [&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\/48800"}],"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=48800"}],"version-history":[{"count":2,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/48800\/revisions"}],"predecessor-version":[{"id":52064,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/48800\/revisions\/52064"}],"wp:attachment":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48800"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48800"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}