Quiksilver Four Quarter Revenue Shrank, Share Price Plummeted

< p > us limit < a href= "http://www.91se91.com/news/index_c.asp" _xhe_href= "http://www.91se91.com/news/index_c.asp" > sports brand < /a > QuiksilverInc. (NYSE:ZQK) recorded a net loss of $171 million 100 thousand in the fourth quarter, or a loss of $1.02 per share, compared with net profit of $4 million 400 thousand or 0.03 dollars per share in the same period last year.

Excluding the restructuring related expenses and other items, the adjusted loss per share was $0.04, compared with the expected earnings per share of US $0.04, compared with us $0.05 per share for the same period last year.

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< p > the company's fourth quarter revenue decreased by 10% to 475 million 900 thousand US dollars, far less than the market expected $511 million 900 thousand, mainly because the DC revenue of skateboard brand decreased by 25% to 139 million dollars at a constant exchange rate, while the Quiksilver and Roxy brands were flat compared with the same period last year, which were 190 million US dollars and 137 million US dollars respectively.

Gross profit margin increased from 45.6% in the same period last year to 47%.

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< p > Quiksilver, Inc. (NYSE:ZQK) announced a series of improved profit plans on Tuesday, including the sale of skiing Brand Company MervinManufacturingInc. for $58 million, and the remaining shares in the acquisition of South American Mexico and Brazil subsidiary, to complete full holding, stripping off non core businesses and establishing 60 million euros credit.

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< p > > a href= "http://www.91se91.com/news/index_c.asp" _xhe_href= "http://www.91se91.com/news/index_c.asp" > Quiksilver < /a > Inc. (NYSE:ZQK) chairman and chief executive officer AndyMooney said that the plan has milestone significance for the company. On the one hand, it wholly owns two subsidiary companies in the South American market, while the emerging market business in South America is thriving. The proceeds from the sale of the credit plus credit will enable the company to have stronger financial flexibility and stability. After stripping off the non core business, it will focus more on three core brands, namely, ",", "and".

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The non core businesses separated by < p > Quiksilver and Inc. (NYSE:ZQK) include SurfdomeShop, Ltd. (Surfdome Brand Company), HawkDesigns, Inc. (Hawk Brand Company), and a a "two" brands.

The company plans to sell the above business and has ceased to run the business in October 31, 2013.

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< p > Quiksilver, Inc. (NYSE:ZQK) earned $1 billion 810 million a year, down 6.8% from US $1 billion 940 million in the same period last year. Net loss expanded from US $10 million 800 thousand in the previous fiscal year to US $223 million 600 thousand, or a loss of 1.39 US dollars per share.

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< p > despite the poor performance, the stock price of QuiksilverInc. (NYSE:ZQK) jumped 8% in December 13th to 8.36 dollars in the time of the deadline, up 8.15%, and the total share capital has risen 96.47% so far.

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