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Volcom Company

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BUSINESS
February 23, 2008 | From Times Wire Services
Shares of Volcom Inc. gained the most in six months after the skateboard apparel maker said fourth-quarter sales rose more than analysts estimated. Volcom climbed $1.91, or 11%, to $19.45, the biggest gain since Aug. 7. Sales at Costa Mesa-based Volcom rose 22% to $69.1 million during the three months ended Dec. 31, the company said. Analysts surveyed by Bloomberg expected sales of $67.4 million, on average. Net income fell to $7.12 million, or 29 cents a share, from $7.63 million, or 31 cents, a year earlier.
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BUSINESS
February 23, 2008 | From Times Wire Services
Shares of Volcom Inc. gained the most in six months after the skateboard apparel maker said fourth-quarter sales rose more than analysts estimated. Volcom climbed $1.91, or 11%, to $19.45, the biggest gain since Aug. 7. Sales at Costa Mesa-based Volcom rose 22% to $69.1 million during the three months ended Dec. 31, the company said. Analysts surveyed by Bloomberg expected sales of $67.4 million, on average. Net income fell to $7.12 million, or 29 cents a share, from $7.63 million, or 31 cents, a year earlier.
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BUSINESS
October 27, 2005 | From Times Staff and Wire Services
Youth apparel maker Volcom Inc. said third-quarter profit sailed past Wall Street's expectations in its second earnings release since going public in June. The Costa Mesa company earned $11.3 million, or 47 cents a share, compared with $10.1 million, or 52 cents, last year. The numbers are skewed by a change in tax status that resulted from Volcom's initial public offering. In this year's quarter, the company recorded a provision for income taxes using a 29.
BUSINESS
October 30, 2007 | From Times Staff and Wire Reports
Volcom Inc. shares fell sharply in after-hours trading Monday after the company forecast that profit would be lower than expected in the fourth quarter and the year. The Costa Mesa firm, which makes a popular line of surf and skate wear, said it was cautious about coming months because of the overall economic outlook, slower-than-projected sales of outerwear and slowing sales of slip-on footwear. For the third quarter, however, Volcom posted strong results, helped by European sales.
BUSINESS
October 30, 2007 | From Times Staff and Wire Reports
Volcom Inc. shares fell sharply in after-hours trading Monday after the company forecast that profit would be lower than expected in the fourth quarter and the year. The Costa Mesa firm, which makes a popular line of surf and skate wear, said it was cautious about coming months because of the overall economic outlook, slower-than-projected sales of outerwear and slowing sales of slip-on footwear. For the third quarter, however, Volcom posted strong results, helped by European sales.
BUSINESS
June 18, 2005 | Leslie Earnest
Shares of Volcom Inc., a youth apparel maker that is preparing to go public, are expected to be priced from $15 to $17, according to a regulatory filing. The Costa Mesa firm intends to issue almost 4.2 million shares, and stockholders will offer an additional 500,000, it said. Volcom hopes to raise as much as $91.4 million in the initial public offering, according to the amended filing with the Securities and Exchange Commission. * -- Leslie Earnest
BUSINESS
October 27, 2005 | From Times Staff and Wire Services
Youth apparel maker Volcom Inc. said third-quarter profit sailed past Wall Street's expectations in its second earnings release since going public in June. The Costa Mesa company earned $11.3 million, or 47 cents a share, compared with $10.1 million, or 52 cents, last year. The numbers are skewed by a change in tax status that resulted from Volcom's initial public offering. In this year's quarter, the company recorded a provision for income taxes using a 29.
BUSINESS
June 18, 2005 | Leslie Earnest
Shares of Volcom Inc., a youth apparel maker that is preparing to go public, are expected to be priced from $15 to $17, according to a regulatory filing. The Costa Mesa firm intends to issue almost 4.2 million shares, and stockholders will offer an additional 500,000, it said. Volcom hopes to raise as much as $91.4 million in the initial public offering, according to the amended filing with the Securities and Exchange Commission. * -- Leslie Earnest
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