Quiksilver stock down, Zumiez stock up

The stock market is reacting differently this morning to the earnings results for Zumiez and Quiksilver, both of whom released quarterly results Thursday afternoon.
Published: May 13, 2013

 

The stock market is reacting differently to the earnings results for Zumiez and Quiksilver, both of whom released quarterly results Thursday afternoon.

 

In trading this morning, Quiksilver stock is down more than 7.5% to $4.25. The company reported increased revenue in each of its global regions, but its net loss widened, and inventory was up 33% at quarter end.

 

Quiksilver stock price has ranged from $2.61 to $5.58 during the past 52 weeks.

 

Zumiez’s stock is trading up more than 3.5% to $33.51, near a 52-week high of $33.84.

 

Zumiez reported a 25% increase in fourth quarter net income and a 54% increase in full year net income.

 

 

 

 

 

 

 

 

Strategy & Planning Series
Strategy & Planning Series
Strategy & Planning Series
Strategy & Planning Series