Quiksilver Announces Revised Expectations For Q1

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• January 15 2008
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HUNTINGTON BEACH, Calif.–(BUSINESS WIRE)–Quiksilver, Inc. (NYSE: ZQK - News) today announced that it has revised its expectations for the first fiscal quarter, due to both softer than expected reorders for wintersports equipment and a challenging global retail environment. The Company had previously expected a small loss in the first quarter. The Company now expects a first quarter fiscal 2008 loss per share of between $0.09 and $0.12.

Robert B. McKnight, Jr., Chairman of the Board and Chief Executive Officer of Quiksilver, Inc., commented,