Earnings Call Excerpt
Quiksilver Inc. (ZQK)
F2Q08 Earnings Call
April 30, 2008 4:30 pm ET
Executives
Robert B. McKnight Jr. – Chairman, President and Chief Executive Officer
Joseph Scirocco – Chief Financial Officer
Martin J. Samuels – President, Quiksilver Americas
Bruce Thomas – Vice President, Investor Relations
Analysts
Jeffrey Klinefelter – Piper Jaffray
Kate McShane – Citigroup
Brad Stephens – Morgan, Keegan & Company, Inc.
Mitch Kummetz – Robert W. Baird & Co., Inc.
Jeff Van Sinderen - B. Riley & Company, Inc.
Gretchen Hailey – J.P. Morgan
David Glick – Buckingham Research Group
Bill Reuter – Bank of America Securities
Emily Chang – Lehman Brothers
Presentation
Operator
Welcome to the Quiksilver earnings conference call. (Operator Instructions) Now I would like to introduce Bruce Thomas, Quiksilver’s Vice President of Investor Relations who will chair this afternoon’s call.
Bruce Thomas
Good afternoon everyone and welcome to the Quiksilver’s Second Quarter Fiscal 2008 Earnings Conference Call. Joining me today are Bob McKnight, our Chairman, President and Chief Executive Officer; Joe Scirocco, our Chief Financial Officer; and Marty Samuels, President of Quiksilver Americas. David Morgan our Chief Operating Officer who also serves the company as interim President of Rossignol would normally participate in this call, but he is currently in Europe.
Before we begin, I’d like to briefly review the company’s Safe Harbor language. Throughout our call today, items may be discussed that are not based on historical facts and are considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In particular, statements regarding Quiksilver’s business outlook and future performance constitute forward-looking statements and results could differ materially from those stated or implied by these forward-looking statements as a result of risks, uncertainties, and other factors. Including those identified in our filings with the Securities and Exchange Commission specifically under the section titled ?Risks Factors’ in our most recent annual report on Form 10-K. All forward-looking statements made on this call speak only as of today’s date, and the company undertakes no duty to update any forward-looking statements.
In addition, this presentation may contain references to non-GAAP financial information. A reconciliation of the non-GAAP financial information, the most directly comparable GAAP financial information, is included in our press release located at our website at www.quiksilverinc.com. With that out of the way, I’d like to turn the call over to Bob McKnight.
Robert B. McKnight Jr.
Good afternoon everyone and thanks for joining us for our second quarter conference call. As you have undoubtedly seen by now in our earnings press release, we’ve moved the entire Rossignol business into discontinued operations including both the Target and its apparel divisions. Both Jo and I will be speaking more about Rossignol in a few moments, but for now let’s begin with the high-level financial highlights from second quarter focusing on our core apparel and footwear brands which now compromise our continuing operations.
- To read the full transcript on Seeking Alpha, click here »
