Quiksilver公司公布了2008年第一季度的净收入为6.053亿美元同期增长了14%，去年同期为5.287亿美元，。第一季度的经营综合收入亏损了0.147亿美元，即每股12美分。而去年同期的经营综合收入亏损了6.8百万美元，每股5美分。净收入和经营收入不包括Cleveland Golf，Quiksilver已经终止了对该业务的经营。
Quiksilver的董事长，首席执行官兼总裁Robert B. McKnight, Jr表示，"总体的收入情况不是很近人意，但是我们的服装和鞋类的经营收入能弥补一些冬季运动装备的尴尬局面。我们会抓住机遇继续前进，并采取一些措施来提高效益，减少损失。"
2007年11月，Quiksilver重组了经营部门，把冬季运动装备列入其下。服装只是在美洲，欧洲和亚太地区经营，但冬季运动装备是在全球范围内经营。服装的全球收入增长了19%，即5.005亿美元，而去年同期为4.215亿美元。受外币汇率影响，增长了0.277亿美元。总体来说，在2008年第一季度，美洲的净收入为3.239亿美元增长了18%，去年同期为1.974亿美元。欧洲的净收入为2.053亿美元增长了19%，去年同期为1.72亿美元。其中增长部分的0.214亿美元是受外币汇率的正面影响。亚太地区的净收入为0.613亿美元增长了19%，去年同期为0.514亿美元。其中630万美元受外币汇率的正面影响。冬季运动装备的净收入是1.048亿美元下降了2%，而2007年的同期净收入为1.071亿美元。其中的0.102亿美元与有利的外币汇率抵消了。
截至到2008年1月31日，Quiksilver的库存为4.902亿美元增长了11%。而去年同期为4.428亿美元。贸易应收账款为6.387亿美元增长了13%。
Quiksilver公司指出第一季度的整体收入会影响全年的收入计划。据First Call报道，Quiksilver计划在2008年的总体收入为26亿美元，每股收益为58美分。这一目标预计可以实现。
McKnight先生总结道，"很高兴能担任Quiksilver的总裁。这是一家独特的公司。它的经营范围很广，所经营的重要品牌都有成长的机会。我们已经摆脱了在30年发展过程中所处的困境，并尽力给我们的股东带来更多的价值。我们坚信我们能盈利，真正的服装品牌公司能做到这一点。"
原文：Quiksilver Posts 14% Q1 Sales Rise
SportsOneSource Media Posted: 3/6/2008
Quiksilver, Inc. reported a 14% rise in first quarter net revenues to $605.3 million from $528.7 million in the first quarter of fiscal 2007. Consolidated income from continuing operations for the first quarter of fiscal 2008 was a loss of $14.7 million, or 12 cents per share, compared to income of $6.8 million, or 5 cents per share, for the first quarter of fiscal 2007. Net revenues and income from continuing operations for all periods exclude the results of the Cleveland Golf business, which the company has reported as discontinued operations.
Robert B. McKnight, Jr., Chairman of the Board, CEO and president of Quiksilver, Inc., commented, “Although we are not satisfied with our financial results in general, we are pleased that our core apparel and footwear operations enabled us to partially offset the more difficult than expected results from our wintersports equipment business. As we go forward, we are energized to regain focus on our core opportunities. We are executing a variety of strategies to improve our gross margin, reduce our expense levels and generate cash flow to repay our indebtedness. We are resolved to continue to pursue strategic transactions to reduce or eliminate our exposure to our wintersports equipment business.”
In November 2007, the company reorganized its operating segments to include a separate wintersports equipment segment. Americas, Europe and Asia/Pacific segments include the apparel operations by geographic region and the wintersports equipment segment includes world-wide equipment operations. The company’s global apparel revenues increased 19% to $500.5 million from $421.5 million a year ago with approximately $27.7 million of the increase attributed to the effects of foreign currency rates. Within in this total, net revenues in the Americas segment increased 18% during the first quarter of fiscal 2008 to $232.9 million from $197.4 million in the first quarter of fiscal 2007. European segment net revenues increased 19% during the first quarter of fiscal 2008 to $205.3 million from $172.0 million in the first quarter of fiscal 2007. Approximately $21.4 million of Europe’s increase was attributable to the positive effect of foreign currency exchange rates. Asia/Pacific segment net revenues increased 19% to $61.3 million in the first quarter of fiscal 2008 from $51.4 million in the first quarter of fiscal 2007. Approximately $6.3 million of Asia/Pacific’s increase was attributable to the positive effect of foreign currency exchange rates. Wintersports equipment segment net revenues decreased 2% to $104.8 million in the first quarter of fiscal 2008 from $107.1 million in the first quarter of fiscal 2007. The decrease in wintersports equipment revenue was partially offset by a favorable foreign exchange increase of approximately $10.2 million.
Consolidated inventories increased 11% to $490.2 million at January 31, 2008 from $442.8 million at January 31, 2007. Consolidated trade accounts receivable increased 13% to $638.7 million at January 31, 2008 from $566.1 million at January 31, 2007.
The company indicated that visibility into revenues and earnings is limited for the remainder of the year. It acknowledged, however, consensus estimates as published by First Call of $2.6 billion for consolidated revenues and 58 cents for EPS (both from continuing operations) and believes that such estimates should be achievable.
Mr. McKnight concluded, “I am excited to return to the role of President of Quiksilver. This is a unique company with compelling growth opportunities in each of its major brands, within existing markets, in new markets and across a wide range of categories. We have been through difficult situations at a variety of points in our 30-year history and have always emerged stronger and been able to unlock significant value to our shareholders in the process. We believe that a focus on profitability and on our key strengths as one of the few, true branded lifestyle apparel companies will enable us to do so once again.”
