K-Swiss, Inc. (KSWS) Posts Mixed Q2 Results; Guides FY11 Revs Growth
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K-Swiss, Inc. (NASDAQ: KSWS) reported Q2 EPS of ($0.56), $0.26 worse than the analyst estimate of ($0.30). Revenue for the quarter came in at $65.54 million versus the consensus estimate of $62.15 million.
For 2011, the Company expects full year consolidated revenues to be 25% to 30% above 2010. Consolidated gross margin is expected to be approximately 37.5%, compared to 39.2% in 2010.
For 2011, the Company expects full year consolidated revenues to be 25% to 30% above 2010. Consolidated gross margin is expected to be approximately 37.5%, compared to 39.2% in 2010.
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