Archive for the ‘Industry’ Category

June 2nd, 2015

Quiksilver – The Street Rating: D- (SELL)

“Quiksilver shares of the retailer plunging the company which sells surfing and skateboarding apparel posted a second quarter loss of $0.20 cents per share analyst have been looking for a profit of $0.03 now Quiksilver says late product deliveries negatively impacted sales.” – Bloomberg

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June 1st, 2015

Quiksilver Stock Reaches A 21 Year Low

Quiksilver, Inc.
NYSE: ZQK
March 18, 1994 at 1.27

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June 1, 2015 at 1.28

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May 8th, 2015

“Make Money Off Dying Companies (Quiksilver)” – Yahoo Finance

Quiksilver, Inc. (NYSE: ZQK) – Yahoo Finance
This company makes gear and apparel for the sun and surf crowd. Its sales peaked at $2.26 billion in fiscal (October) 2008, and will likely fall below $1.45 billion this year. The company appears to be on the down wave of a fad and is on pace for its second straight year of net losses.

Of greater concern, free cash flow has been sharply negative for four straight years. This has caused cash to fall to around $50 million, against more than $800 million in short and long-term debt. Lenders hate to see that and could eventually enforce debt covenants that pushes Quiksilver to seek bankruptcy protection.

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May 5th, 2015

Conan Hayes Facing 5 Years In Prison

Conan Hayes (former pro surfer and co-founder of RVCA) is facing up to 5 years in prison and is currently out of custody on a $586,245 bail (awaiting his trial).

Full story can be read at The Orange County Register

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April 21st, 2015

The $2,700 Wetsuit By Quiksilver

Maybe Quiksilver got the idea from us?

Scotty Stopnik logging Blackies Beach
surfing-business-suit

True Wetsuits
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April 16th, 2015

Lawsuits Against Quiksilver Are Lining Up

Doesn’t look like fun for Quiksilver who now have to clean up the mess Andy Mooney left behind

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April 2nd, 2015

Andy Mooney (Quiksilver CEO) Receives A Message From Donald Trump

“On March 26, 2015, the board of directors of Quiksilver, Inc. removed Andy Mooney as the Company’s Chairman and Chief Executive Officer, effective March 27, 2015” – Quiksilver

Andy Mooney get’s called in and given those most famous words that he gave so many people when he got hired

Starts at 3:22 “Quiksilver thank you for sparing me during the massacre this year… it was seriously a massacre though because um, I went in there to do um, some like slow dance like artwork meeting or something like that and there was like three people in the building and they we’re like hiding behind desks and ran when they saw me.” – Dane Reynolds 2013 SURFER Poll

March 27th, 2015

Crap Eyewear – Want Some

Yes, it’s true – their is a company called Crap eyewear. Has to be by far the dumbest name we have ever heard for a brand.

“CRAP Eyewear is an independent sunglass brand based in Los Angeles, CA. CRAP was founded by a couple of beach rats who still own and operate the brand.” – About

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March 27th, 2015

VISSLA + RVCA = Brothers Marshall?

The hits just keep coming from the Marshall Brothers… This time it’s against VISSLA and RVCA, who’s next?

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March 27th, 2015

Mickey Mouse Has Left Quiksilver

“…he succeeds Andy Mooney who is no longer with the company.” – Quiksilver / Transworld Business

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