{"id":95051,"date":"2014-06-10T13:48:01","date_gmt":"2014-06-10T20:48:01","guid":{"rendered":"http:\/\/www.stokednews.com\/?p=95051"},"modified":"2014-06-10T13:48:52","modified_gmt":"2014-06-10T20:48:52","slug":"business-news-jeff-harbaugh-analyzes-quiksilvers-financial-report","status":"publish","type":"post","link":"http:\/\/www.stokednews.com\/?p=95051","title":{"rendered":"Business News &#8211; Jeff Harbaugh Analyzes Quiksilver\u2019s Financial Report"},"content":{"rendered":"<p style=\"text-align: left;\">In the quarter ended April 30, Quiksilver\u2019s revenue fell 10.4% from $456 to $408 million.\u00a0The net loss grew from $32.4 to $53.1 million.\u00a0Discontinued product lines contributed $9 million to revenue in last year\u2019s quarter, but none in this year\u2019s.\u00a0A year ago, they also owned Mervin and the Hawk brand.\u00a0I\u2019m a little surprised they didn\u2019t mention how much revenue those brands contributed a year ago.<\/p>\n<p>I\u2019ll spare you a long quote from CEO Andy Mooney on the profit improvement plan (PIP), but basically he says, we\u2019ve done what we said we\u2019d do and we\u2019ll do more.\u00a0He notes they\u2019ve\u00a0\u00a0 &#8230;\u00a0 <a href=\"http:\/\/www.jeffharbaugh.com\/quiksilvers-quarter-the-impact-of-market-trends\/\" target=\"_blank\">More<\/a><\/p>\n<p><a href=\"http:\/\/www.stokednews.com\" target=\"_blank\">Stoked News<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the quarter ended April 30, Quiksilver\u2019s revenue fell 10.4% from $456 to $408 million.\u00a0The net loss grew from $32.4 to $53.1 million.\u00a0Discontinued product lines contributed $9 million to revenue in last year\u2019s quarter, but none in this year\u2019s.\u00a0A year ago, they also owned Mervin and the Hawk brand.\u00a0I\u2019m a little surprised they didn\u2019t mention [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[84],"tags":[],"class_list":["post-95051","post","type-post","status-publish","format-standard","hentry","category-action-sports-business-news"],"_links":{"self":[{"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/posts\/95051","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=95051"}],"version-history":[{"count":1,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/posts\/95051\/revisions"}],"predecessor-version":[{"id":95052,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/posts\/95051\/revisions\/95052"}],"wp:attachment":[{"href":"http:\/\/www.stokednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=95051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=95051"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=95051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}