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Volcom Up But Cautious

Volcom Up But Cautious

by The Editors on February 22, 2007

Unfortunately, we weren’t able to sit in on the Volcom call today at 1:30 PM PST, however, those intrepid reporters at the Orange County Business Journal were nice enough to line it all out for us. And it went something like this:

For the fourth quarter, sales rose 37% from a year earlier to $56.6 million. Analysts had expected about $55 million. . . Net income came in at $7.6 million. Analysts on average expected $7.3 million.

They did add that results for the current quarter could fall short of expections, and that some European expansion could cut into first quarter profits. . . we blame the weather.
[Link: Orange County Business Journal]

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