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Great Wolf Resorts narrows full-year adjusted loss forecast



By AP
06 May 2008 @ 09:10 am EST

MADISON, Wis. - Great Wolf Resorts Inc. narrowed its full-year adjusted loss forecast Tuesday on improved preliminary second-quarter bookings.

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The operator of indoor water-park resorts now expects a loss between 24 and 39 cents per share, excluding one-time charges and gains. It previously anticipated an adjusted loss in a range of 30 and 45 cents per share.

Great Wolf predicts a second-quarter adjusted loss between 13 and 17 cents per share.

Analysts surveyed by Thomson Financial expect a full-year loss of 37 cents per share and a second-quarter loss of 12 cents per share. Estimates typically exclude one-time items.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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