Quiksilver Inc. on Thursday posted improved earnings results in which it substantially narrowed its second-quarter loss.
For the three months ended April 30, the loss attributed to Quiksilver was $5.1 million, or 3 cents a diluted share, against a loss of $83.3 million, or 51 cents, a year ago. The current reported quarter included $2.1 million of net after-tax asset impairment and restructuring charges, while the year-ago quarter included a $74.1 million non-cash goodwill impairment charge. Excluding one-time charges in both quarters, the loss was $3 million versus $17.3 million last year.
Alberta Ferretti's "Rainbow Week" sweaters are back. The designer closed her #MFW show with a few day-of-the-week sweaters, which first debuted on the catwalk last January as part of the pre-fall 2017 collection. #wwdfashion (📷: @delphineachard)