VF reported a 4.62% revenue increase in the quarter that ended June 30 compared to the same quarter last year (prior calendar period- PCP). The increase was from $2.402 to $2.514 billion. As usual, we’ll focus on the Outdoor & Action Sports (OAS) segment, as that’s where most of the action seems to be. Below
VF’s June 30 Quarter: Damn This Strong Dollar! Read More »
Let’s review. Volcom and Electric are in Kering’s sport and lifestyle (S&L) division which includes PUMA. In 2014, Kering had consolidated revenue of 10.038 billion Euros. The S&L division’s revenue was 3.245 billion Euros. Of that, PUMA was 2.99 billion Euros and “other brands” in S&L had revenue of 255 million Euro and operating profit
Volcom and Electric Results for the Quarter and Half Year Read More »
Isn’t it interesting that I’m writing about GoPro at all? In 1995 I wrote my first column for Transworld Snowboarding Business and now, somehow, I’m writing about a consumer electronics company. Relax GoPro people. I know you aren’t really a consumer electronics company. Or at least, you don’t want to be even though right now
GoPro’s Quarter. What Kind of Company is This Anyway? Read More »
The first thing that happened when I walked in the door was I got lost. They’d reorganized a bit and it took me a minute to get oriented. My problem- not Agenda’s. When I saw they had finally opened up the Berrics and included it in the flow of the show I was happy and
What I Saw at Agenda Read More »
It seems a hard time to be retailer in our space- at least that’s my general perception as I pour through conference calls and SEC filings. It’s not that Zumiez had a bad quarter. Both sales and earnings rose. But it wasn’t up to their standards or what they expect, as they make clear. I’ll
Reading Between the Lines: Zumiez’s May 2nd Quarter Read More »
Summer has been a hot topic in resort circles for years. I’ve run a couple of snowboard companies so understand what extreme, snow dependent, seasonality means. I’ve visited resorts, written about resorts, but never worked for one. SAM, I think, thought I was the right balance of insider and outsider for this assignment. At the
Quiksilver reported a loss of $37.6 million for the April 30 quarter compared to $60.9 million in last year’s quarter. Last year’s quarter included a loss of $23 million loss on discontinued operations. Ignoring that, the net losses are almost identical. Net revenue fell 16.1% from $397 to $333 million. The revenue results by operating
Quiksilver’s April 30 Quarter; Where is Sales Growth Going to Come From? Read More »
I guess what I’d like to do is start with the list from their 10-Q of where the company will be focusing their turnaround efforts. “• Putting the customer at the center of everything we do Defining a clear positioning for our brands in a rapidly changing and highly competitive marketplace Delivering a compelling and
Abercrombie & Fitch’s May 2nd Quarter: Another Turnaround in Progress Read More »
Here’s an article that contains additional information on why she resigned. I might not normally choose to post this, but it may provide some additional insight into Quiksilver’s turnaround efforts. You can decide for yourself what significance it has or does not have.
Further Information on Elizabeth Dolan Resignation from Quiksilver Board Read More »
There wasn’t that much to say in either the 10-Q for May 2nd or the conference call. Bottom line is we’re all kind of hanging out waiting to see if PacSun can get further traction with its strategy before the continuing losses take too big a toll on the balance sheet and some more dramatic
PacSun’s Quarterly Results: More of the Same Read More »