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It's just not Billabong struggling now!Quiksilver posted an...

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    It's just not Billabong struggling now!

    Quiksilver posted an adjusted loss of 12 cents a share, while analysts had expected a profit of 4 cents.

    Revenue for the period ended April 30 was $459 million, down 7% from the same period in 2012 and $46 million below the consensus forecast of analysts polled by FactSet.

    Gross margin fell to 46% from 49.2% as Quiksilver discounted its merchandise to clear inventory.
 
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