Cost cuts helped Quiksilver Inc. adjust to lagging sales and retailers’ lowered inventories, but its third-quarter profits fell by more than half.
In the three months ended July 31, the Huntington Beach, Cailf.-based surfwear and sportswear firm posted net income of $1.3 million, or 1 cent a diluted share. Earnings fell 52.8 percent compared with a year ago, when they totaled $2.9 million, or 2 cents a share.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
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