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K-swiss, Inc. (KSWS) Misses Q1 EPS by 6c; Futures Orders Down 32%; Guides FY12 Sales Below

May 3, 2012 7:02 AM EDT
K-swiss, Inc. (NASDAQ: KSWS) reported Q1 EPS of ($0.19), $0.06 worse than the analyst estimate of ($0.13). Revenue for the quarter came in at $69.3 million versus the consensus estimate of $68.61 million.

Worldwide futures orders with start ship dates from April to September 2012 decreased 32.0% to $71,546,000 at March 31, 2012, from $105,147,000 the previous year. Domestic futures orders decreased 54.0% to $21,669,000 at March 31, 2012, from $47,155,000 the previous year. International futures orders decreased 14.0% to $49,877,000 at March 31, 2012, from $57,992,000 the previous year.

Sees FY2012 revenue of $225-$240 million, versus the consensus of $245.66 million.

For earnings history and earnings-related data on K-swiss, Inc. (KSWS) click here.


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