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Article: Quiksilver Inc. Reports 1997 Third-Quarter and Nine Months Operating Results.
- Article from:
- Business Wire
- Article date:
- September 10, 1997
CopyrightCOPYRIGHT 1997 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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COSTA MESA, Calif.--(BUSINESS WIRE)--Sept. 10, 1997--Robert B. McKnight Jr., chairman of the board and chief executive officer of Quiksilver Inc. (NASDAQ:QUIK), Wednesday announced operating results for the third quarter and nine months ended July 31, 1997.
Consolidated net sales for the third quarter of fiscal 1997 increased 19.5 percent to $58,541,000, as compared with fiscal 1996 third-quarter consolidated net sales of $49,008,000. Consolidated net income for the third quarter of fiscal 1997 increased 17.1 percent to $2,972,000, or 42 cents per share, as compared with $2,538,000, or 35 cents per share, for the third quarter of fiscal 1996.
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