Tuesday, October 27, 2009

Vans Kicks Ass in Q3

Just read today on Boardistan that VF (parent company of Vans, Pro-Tec, North Face, and Reef) has declared a quarterly cash dividend of $.60 per share, an increase of $.01 per share. I don't dabble heavily in the stock market but I do dabble heavily in the action sports industry and am stoked any time a brand rooted in skate and shred culture is kicking ass, especially in such tough economic times. I am also stoked for all of my friends working over at Vans who know that their jobs are secure.
To put it into perspective, Boardistan posted just four posts later that Billabong's profits are down 13% in 2009.

Times are tough out there. Pray for snow.

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