Volcom’s quarterly profit is halved

2011-03-04T00:00:00

Volcom's net profit was halved to $1.6 million in the fourth quarter of 2010 from $3.4 million a year earlier as the U.S. apparel company suffered from falling margins. Sales rose by 22.4 percent to $78.6 million in the quarter. U.S revenues rose to $54.3 million from $46.0 million a ...

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