Nike put out a press release on its quarterly earnings two days ago and held a conference call on their results yesterday. This has all happened before the actual 10Q with all the detailed information and footnotes is available. So on the one hand, I’d like to be timely and have this done before everybody loses interest, but on the other hand I’d like to have the best information I can have More…
Archive for September, 2009
Nike’s 8/31/09 Quarter, Their Impact on the Industry and Quips on Conference Calls
Wednesday, September 30th, 2009Trade Shows. There Can Be Only One?
Tuesday, September 15th, 2009So let me see if I understand this. At a time when economic conditions are leading us to fewer brands and fewer shops and consumers spending fewer bucks, and those brands and retailers that are left want to spend less money and send fewer people to trade shows, we have more trade shows. Will somebody please explain to me the economic model that says you increase supply when demand is falling? More…
Quiksilver’s Quarter and Nine Months Ended July 31, 2009
Thursday, September 3rd, 2009I’ve read the press release and listened to the conference call, and here’s what I found out. Quik’s total revenue for the quarter fell 11.2% to $501.4 million from $569.9 million for the same quarter the previous year. Their gross profit margin fell from 50.4% to 46.7%. Selling, general and administrative expense was down 9.1% to $211.8 million. Interest expense rose 30% to $15.3 million. Instead of a foreign currency gain of $1.2 million, More…
