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May 16, 2013
18:41 EDTZQKQuiksilver announces multi-year profit improvement plan
Quiksilver announced an aggressive multi-year profit improvement plan designed to accelerate the company's three fundamental strategies of strengthening brands, growing sales and driving operational efficiencies. The plan's initiatives focus on prioritizing the company's core brands, globalizing key functions and reducing its cost structure. The company expects that the plan, when fully implemented in 2016, will improve EBITDA by approximately $150M, of which approximately one-half will come from supply chain optimization and the other half primarily from corporate overhead reductions, licensing opportunities, net revenue growth and improved pricing management, compared with 2012 results. More specifically, the plan calls for improvement, over the same period, in the following areas: Net revenues to see compound annual growth rate of approximately 2.5%, and EBITDA to increase to at least 13% of net revenues.
News For ZQK From The Last 14 Days
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September 11, 2014
09:55 EDTZQKCrocs retreats after Buckingham downgrades citing negative trends
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September 5, 2014
16:25 EDTZQKOn The Fly: Closing Wrap
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12:57 EDTZQKOn The Fly: Midday Wrap
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10:32 EDTZQKQuiksilver tumbles as company reports Q3 earnings miss
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09:16 EDTZQKOn The Fly: Pre-market Movers
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September 4, 2014
18:28 EDTZQKOn The Fly: After Hours Movers
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16:15 EDTZQKQuiksilver drops 15.5% after reporting unexpected Q3 loss
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16:11 EDTZQKQuiksilver reports Q3 company-owned retail stores SSS up 1%
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16:09 EDTZQKQuiksilver reports Q3 EPS ex-items (20c), consensus 3c
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