100 237
Fashion Jobs
TIFFANY & CO
Branch Security Officer- Waikiki
Permanent · HONOLULU
TIFFANY & CO
Visual Merchandising Specialist (in Region)
Permanent · BEVERLY HILLS
ALL SAINTS
Retail Marketing Manager
Permanent · WEST HOLLYWOOD
URBN
Urbn Senior Operations Manager (Day Shift)
Permanent · GAP
BATH & BODY WORKS
Senior Manager Store Operations - Strategic Leader Messaging
Permanent · COLUMBUS
BOSCOV'S
Retail Loss Prevention Detective - FT
Permanent · ERIE
BOSCOV'S
Retail Loss Prevention Detective - FT
Permanent · WILMINGTON
BOSCOV'S
Retail Loss Prevention Detective- PT
Permanent · WILMINGTON
GAP
Asset Protection Service Representative - 264 w 125th Street
Permanent · NEW YORK
GAP
General Manager -Tulsa Premium (New Store)
Permanent · JENKS
BANANA REPUBLIC
General Manager - Palm Beach Fashion
Permanent · WEST PALM BEACH
NEWELL
Assistant Brand Manager, Rubbermaid
Permanent · ATLANTA
NEWELL
Material Handler
Permanent · LUMBERTON
NEWELL
Material Handler
Permanent · LUMBERTON
NEWELL
Material Handler
Permanent · LUMBERTON
NEWELL
Manager, Aim Deployment
Permanent · ATLANTA
BOSCOV'S
Client Engagement Manager
Permanent · WASHINGTON
SHIMANO
Order Selector Lead
Permanent · LADSON
OBERLIN COLLEGE & CONSERVATORY
Writing Associates Program Coordinator
Permanent · OBERLIN
ESSILORLUXOTTICA GROUP
Disney Springs Oakley - Assisant Manager (Sales Supervisor)
Permanent · LAKE BUENA VISTA
ESSILORLUXOTTICA GROUP
Oakley - Specialized Consultant
Permanent · GRAPEVINE
ESSILORLUXOTTICA GROUP
Outside Sales Representative - NJ/NY/Philly
Permanent · EDISON
By
Reuters
Published
Aug 6, 2009
Download
Download the article
Print
Text size

K-Swiss posts wider-than-expected second quarter loss

By
Reuters
Published
Aug 6, 2009

Aug 6 (Reuters) - K-Swiss Inc (KSWS.O) posted a wider-than-expected quarterly loss, as international revenue nearly halved, and the athletic-shoes maker tightened its full-year outlook range.


Anna Kournikova for K-Swiss

"The environment at retail, as well as our brand's popularity, remain challenging and are evident in the continued year-over-year decline in sales, earnings and backlog," Chairman Steven Nichols said in a statement.

The company, which sells training, athletic, and children's shoes, apparel and accessories, reported a net loss of $11.5 million, or 33 cents a share, for the second quarter, compared with a profit of $26.4 million, or 75 cents a share, in the year-ago quarter.

According to Reuters Estimates, the company posted a loss of 30 cents a share, excluding items, compared with market estimates of a loss of 23 cents a share.

Revenue fell 35 percent to $54.0 million. Analysts expected revenue of $47.5 million.

K-Swiss now expects 2009 loss of 70 cents to 90 cents a share, on revenue of about $215 million to $230 million. Its prior forecast was 2009 loss of 60 cents to 90 cents a share, on revenue of about $200 million to $230 million.

Shares of the Westlake Village, California-based company closed at $10.85 Wednesday 5 August on Nasdaq. (Reporting by Vidya Lakshmi in Bangalore; Editing by Ratul Ray Chaudhuri)

© Thomson Reuters 2024 All rights reserved.