Quiksilver, Inc., which designs, produces and distributes a mix of sports products, has reaffirmed its guidance for the fourth quarter and fiscal year ending October 31, 2005, and has updated its outlook for the fiscal year ending October 31, 2006.

For the fourth quarter of fiscal 2005, the company continues to expect revenues between $582 million and $592 million. For fiscal 2005, it has reaffirmed its outlook of revenues between $1.73 billion and $1.74 billion, and for fiscal 2006, the company expects to report revenues ranging from $2.25 billion and $2.27 billion. Quiksilver announced that its financial expectations for fiscal 2005 represent sales and earnings increases of over 35% and 25%, respectively.

However, some factors are leading the company to moderate its current view on fiscal 2006. First, the company has taken aggressive steps to more rapidly integrate Rossignol while other components will be completed and announced later in 2006, and second, the strengthening dollar and higher than anticipated interest expense are also expected to impact results.