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Volcom Stock Price Dipped

Volcom’s stock price dipped sharply after the company predicted fourth-quarter sales would drop. PacSun is cutting back on Volcom orders, fears economic slowdown and slowing sales of slip-on footwear.

2 Comments

  1. Volcom’s consolidated revenue jumped 23% to $111.7 million in the third quarter of 2008 compared with 2007, and total revenue was up 12% to $72.8 million. Despite this marked improvement, Volcom lowered 4th quarter projections.

  2. Volcom’s consolidated revenue jumped 23% to $111.7 million in the third quarter of 2008 compared with 2007, and total revenue was up 12% to $72.8 million. Despite this marked improvement, Volcom lowered 4th quarter projections.