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Quiksilver sees wider loss in first quarter

Tue Jan 15, 2008 4:46pm EST

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LOS ANGELES, Jan 15 (Reuters) - Action sports apparel maker Quiksilver Inc (ZQK.N) widened its projected first-quarter loss on Tuesday due to weakness at its company-owned stores and delayed reorders of winter sports merchandise.

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The action sports apparel maker, whose brands include Quiksilver, Roxy and Rossignol, said it now expects a loss of between 9 to 12 cents per share in its 2008 fiscal first quarter. It had previously been expecting what it called a "small loss" in the quarter.

(Reporting by Alexandria Sage, editing by Phil Berlowitz)

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