Advertisement

EARNINGS* Huntington Beach-based Quiksilver Inc. reported a...

Share

EARNINGS

* Huntington Beach-based Quiksilver Inc. reported a 43% jump in fiscal fourth-quarter net income, to $17.4 million, or 30 cents a share. Revenue rose 37% to $269.2 million.

* Nike Inc. said second-quarter profit rose 18% as new sneakers and improved relations with Foot Locker Inc. boosted U.S. shoe sales for the first time in five quarters. Net income rose to $179.1 million, or 66 cents a share, from $152 million, or 57 cents, a year earlier. Sales rose 13% to $2.84 billion.

Advertisement