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K•Swiss (KSWS) Reports Better-Than-Expected Q1 Results; Guides FY09

May 7, 2009 7:45 AM EDT
KSWS Hot Sheet
Revenue Growth %: -4.6%

Financial Fact:
Basic (in Dollars per share): -0.19

Today's EPS Names:
TNP, MENT, More
K•Swiss Inc. (NASDAQ: KSWS) reports Q1 loss of $0.03, 8 cents better than the analyst estimate of $0.11. Revenue for the quarter was $74.04 million, down 24.8% from the same quarter last year and versus the consensus of $69.89 million.

Sees FY09 sales of $200-$230 million, versus the consensus of $229.75 million, with loss of $0.60-$0.90, versus the Street estimate of ($0.44).

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