By  on February 25, 2008

NEW YORK — Higher than anticipated off-price sales ate into Volcom’s fourth-quarter profits, though sales continued to rise, and the Costa Mesa., Calif.-based firm said it will continue to pursue growth through product diversification, international expansion and potential strategic acquisitions.

“Even with the challenges of an economic slowdown,” said Volcom president and CEO Richard Wolcott on a conference call, “we still managed to post solid results, launch a successful operation in Europe and strengthen our foundation for future growth.”

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