July 1, 2005 |
The surf wasn't the only thing that was up for Volcom Inc. on Thursday. Shares of the Costa Mesa youth apparel maker soared 41% in first-day trading, the second-best debut this year. Volcom shares closed at $26.77, a gain of $7.77 from their $19 opening price, after rising as high as $31.20. That added $181 million to the company's market value, which stood at $625.3 million at the close of trading.
June 4, 2005 |
Volcom Inc., the Costa Mesa youth apparel company that hopes to raise about $86 million in an initial public stock offering, said in a regulatory filing that nearly 30 years ago Chairman Rene Woolcott settled allegations of insider trading.
May 3, 2005 |
Surf wear maker Volcom, whose "youth against establishment" mantra helped it become one of the industry's hottest brands, is diving headfirst into the mainstream by going public. The Costa Mesa company said in a regulatory filing that it planned to sell as much as $86.3 million in stock. That sets it on a path paved by industry leaders Quiksilver Inc. in Huntington Beach and Billabong International Ltd. in Australia.
June 30, 2005 |
Surfwear maker Volcom Inc. priced its initial public offering at a higher-than-expected $19 a share, Reuters reported Wednesday, citing an underwriter. The Costa Mesa company, which said in an earlier regulatory filing that it planned to sell 4.7 million shares at $15 to $17 a share, declined to comment on the IPO pricing. The stock is expected to begin trading today on Nasdaq under the ticker symbol VLCM. IPO experts say surf and skate apparel retailer Zumiez Inc.'
CALIFORNIA | LOCAL
December 26, 1985
The unanimity with which the United Nations recently condemned kidnaping and hostage-taking by terrorists is at least a basis for moving ahead with the struggle to isolate those seeking to win power through heinous crimes against innocent people. The effectiveness of the resolutions will now depend on the willingness of all nations to respect them. And that may not be easy. Richard Woolcott, the Australian representative on the U.N.
August 9, 2005 |
Youth apparel maker Volcom Inc. reported Monday its first quarterly earnings since going public, offering fresh indications of the rapid growth that has made it a stock market darling this year. The Costa Mesa-based company reported better-than-40% increases in operating income and revenue; net income declined about 10% because of a tax adjustment and a one-time charge.