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Article: Quiksilver Inc. Reports 1998 Third-Quarter and Nine-Months Operating Results.
- Article from:
- Business Wire
- Article date:
- September 9, 1998
CopyrightCOPYRIGHT 1998 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. 9, 1998--Robert B. McKnight Jr., chairman of the board and chief executive officer of Quiksilver Inc. (NYSE:ZQK), Wednesday announced operating results for the third quarter and nine months ended July 31, 1998.
Consolidated net sales for the third quarter of fiscal 1998 increased 33.7 percent to $78,265,000 as compared with fiscal 1997 third-quarter consolidated net sales of $58,541,000. Consolidated net income for the third quarter of fiscal 1998 increased 37.2 percent to $4,078,000 or $0.28 per share on a diluted basis, as compared with $2,972,000 or $0.21 per share on a diluted basis, for the third quarter of fiscal 1997. ...