CEO and President Robert McKnight said the retailer's merchandise and brands are "resonating with consumers around the world despite global economic pressures."
Net income attributable to the company was $10.4 million, or $0.06 per share, compared with $12.5 million, or $0.08 per share, during the same quarter a year ago.
The company's Quiksilver, Roxy, DC, Lib Tech, and Hawk brands sell surfing, skateboarding, and snowboarding gear and banks on a primarily young and athletic audience.
Other retailers riding the teen wave include Zumiez
Despite Hurricane Irene's destructive ride up the Atlantic Ocean, the Quiksilver Pro New York surf competition in Long Beach, N.Y., is expected to take place this month as planned.
Quiksilver's revenues in the Americas increased 11% to $260.2 million. As measured in U.S. dollars, European revenues increased 16% to $176.4 million, and Asia/Pacific revenues increased 20% to $65.5 million.
California-style beach brands like Quiksilver, Pacific Sunwear, and Hollister by Abercrombie & Fitch
Quiksilver had two notable openings during the quarter, including a Boardriders Store in Ericeira, Portugal, that includes the country's largest skate park, and the DC Embassy showroom in Barcelona, Spain, that houses its growing product line of shoes and clothes for young men and juniors.
The brand caught a wave during its third quarter when surfing icon and Quiksilver spokesman Kelly Slater won the U.S. Open of Surfing in Huntington Beach, Calif.
If none of this gives you the itch to buy, it may still be worthwhile to keep an eye on Quiksilver, Zumiez, or Pacific Sunwear. You can add any of these stocks to your Foolish watchlist by clicking the "+" icons above. Don't have a watchlist yet? Set one up today for free.
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