Huntington Beach-based surfwear maker Quiksilver Inc. told analysts and investors it saw a strong back-to-school shopping season, a time second only to Christmas for clothing makers.
Quiksilver is set to report quarterly results next week.
The positive news “gives investors comfort that in the quarter that just finished, the business was good,” Pacific Growth Equities analyst Christine Chen told Reuters.
There have been concerns about the sector.
Earlier this month, Anaheim-based Pacific Sunwear of California Inc., the biggest retailer of surf-inspired clothes, reported a big drop in second-quarter profits and warned about the current quarter.
A smaller Quiksilver rival, Costa Mesa-based Volcom Inc., said its orders from Pacific Sunwear had been cut.
Quiksilver saw strong sales of denim clothes during the back-to-school season, the company said during an investor and analyst presentation at the Magic Marketplace apparel trade show in Las Vegas.
“We haven’t seen a slowdown in denim,” said John Mills, senior vice president of sales.
For more on Quiksilver, see the Aug. 28 edition of the Business Journal.
