Noting that it remained on plan or slightly ahead ofplan with its new acquisition, Quiksilver net income fell 89% to $3,729,000from $34,667,000 for the three months ended Apr. 30 as revenues rose 21% to$516,928,000 from $426,853,000. 2006 results include $3.7 million in stockcompensation expense. Some $86.2 million of the sales increase was from theRossignol and Cleveland acquisitions. The core business grew 1%; however, ZQKsaid it would have grown 9% if adjusted for a discontinued private labelswimwear business, the licensing of the Hawk brand and a negative currencyswing of 4%.

Sales in the Americas rose 26% to $250 million, withmen’s sales up ... Log in to view full article.