UPDATE 2-Quiksilver meets Street with adjusted earnings

(Adds byline, quotes from conference call, background)

By Alexandria Sage

LOS ANGELES, Sept 6 (Reuters) - Surfing-inspired apparel maker Quiksilver Inc. (ZQK.N: Quote, Profile, Research, Stock Buzz) on Thursday posted a net loss, versus a year-ago net profit, due to charges for acquiring the rest of Roger Cleveland Golf Company.

Earnings excluding the charges met Wall Street analysts' average estimate, and the company reiterated its 2007 earnings outlook. It also said it was extending its Quiksilver brand to include a line of women's clothing.

The third-quarter net loss was $7.9 million, or 6 cents per share, compared with a net profit of $5.3 million, or 4 cents per share, a year earlier.

The company earned 2 cents per share excluding charges for acquiring the remaining interest in Roger Cleveland Golf Company that it did not already own. That matched Wall Street's expectations, according to Reuters Estimates.

Quiksilver, whose brands include Quiksilver, Roxy, DC Shoes and Rossignol, posted a 17 percent sales rise in the quarter to $612.8 million, above analysts' average expectation of sales of $568.9 million, according to Reuters Estimates.

Sales in the company's apparel and footwear business rose 20 percent in the quarter, driven by Quiksilver, DC Shoes and new retail store growth, said President Bernard Mariette.

"DC's growth has been nothing short of outstanding," Mariette said, adding that the brand, acquired in 2004, was projected to generate sales of $300 million this fiscal year.