Volcom Inc. said first-quarter net income rose 78.5 percent, helping the action sports apparel and footwear vendor skate past Wall Street’s projections.
The Costa Mesa, Calif.-based firm posted profits of $7.5 million, or 31 cents a diluted share, for the period ended March 31, compared with income of $4.2 million, or 17 cents a share, in the year-ago quarter. Net revenues improved 13.3 percent to $77.4 million, from $68.3 million, a year earlier. Analysts polled by Yahoo anticipated earnings of 19 cents a share on revenue of $73.8 million.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)