Williams Sonoma Inc Issues Q3 2012 Guidance In Line With Estimates; Raises Low End Of Prior FY 2012 Revenue Guidance; Raises FY 2012 EPS Guidance; Revises FY 2012 Comparable Store Sales Guidance

Williams-Sonoma, Inc. announced that for the third quarter of 2012, it expects revenue to be in the range of $905-$925 million, non-GAAP diluted earnings per share (EPS) in the range of $0.43-$0.46 and GAAP Diluted EPS of between $0.38-$0.41. For fiscal 2012, it expects total net revenue to be in the range of $3.975-$4.020 billion and non-GAAP diluted EPS of $2.44-$2.51, GAAP Diluted EPS of $2.40-$2.47. The Company expects comparable store sales growth of 2%-3 % for fiscal 2012. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $913 million and EPS of $0.43 for the third quarter of 2012; revenue of $3.998 billion and EPS of $2.50 for fiscal 2012.