Excluding the inventory acquired as part of the Rossignol acquisition, consolidated inventories amounted to $204.4 million at July 31, 2005, a 19 percent increase from $171.6 million at July 31, 2004. Excluding the accounts receivable acquired as part of the Rossignol acquisition, consolidated trade accounts receivable increased 23 percent to $333.5 million at July 31, 2005 from $271.4 million at July 31, 2004.
The Company also indicated its expectations for the fourth quarter ending October 31, 2005, that revenues will range between $582 million and $592 million, and diluted earnings per share will range from $0.26 to $0.27. For the full fiscal year, revenues are expected to range between $1.73 billion and $1.74 billion with diluted earnings per share ranging from $0.86 to $0.87.
Huntington Beach, California based, The reputation of Quiksilver's brands is based on different outdoor sports. The Company's Quiksilver, Roxy, DC Shoes and Hawk brands are synonymous with the heritage and culture of surfing, skateboarding and snowboarding, and its beach and water oriented swimwear brands include Raisins, Radio Fiji, Leilani and Island Soul.
The Rossignol, Dynastar, Lange, Look and Kerma brands are leaders in the alpine ski market, and the Company makes snowboarding equipment under its Rossignol, Dynastar, DC Shoes, Roxy, Lib Technologies, Gnu and Bent Metal labels. The Company's golf businessincludes Cleveland Golf, as well as Never Compromise putters and Fidra apparel by John Ashworth. Gotcha is the Company's surf-based European brand addressing street fashion.
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