Williams-Sonoma, Inc. Issues Q2 2012 Guidance; Raises FY 2012 EPS Guidance; Raises Low End Of Prior FY 2012 Revenue Guidance; Comments On FY 2012 Comparable Store Sales Guidance

Williams-Sonoma, Inc. announced that for second quarter of 2012, it expects revenue to be in the range of $850-$870 million, non-GAAP diluted earnings per share (EPS) in the range of $0.38-$0.41 and GAAP Diluted EPS of between $0.38-$0.41. For fiscal 2012, it expects total net revenue to be in the range of $3.950-$4.020 billion and non-GAAP diluted EPS of $2.42-$2.49, GAAP Diluted EPS of $2.38-$2.45. The Company expects comparable store sales growth of 1%-3 % for fiscal 2012. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $865 million and EPS of $0.40 for second quarter of 2012; revenue of $3.993 billion and EPS of $2.46 for fiscal 2012.