September 2015

In the aftermath of Quik’s bankruptcy filing, the 10Q feels like an afterthought. Still, it’s worth a brief review. There was no conference call. Hell, what’s left to say? In the quarter ended July 31, revenues fell 11.1% to $336 million from $378 million in the same quarter last year. Gross margin didn’t do much

As pretty much everybody knows, Quiksilver filed for Chapter 11 Bankruptcy on September 9th. This is another step in a long process that’s been going on for years now and that we’ve followed together on these pages and in other places. This will not be an explanation of bankruptcy or a discussion of why companies

A reader forwarded this article, published in Australia, to me.  I thought it had some good information.  I’m particularly intrigued by the short discussion about how Quiksilver and Billabong will or will not be combined or work together.  Here’s the link.

I’ve resisted writing this, but with the recent article in Bloomberg highlighted by Boardistan and Shop-Eat-Surf reporting, also based on a Bloomberg, that Quik had hired a restructuring firm, I guess there’s no reason not to. What I want to do is take you through Quik’s circumstances and choices based on their most recent balance