Guess? Sees Q2 EPS of $0.77 to $0.83

Guess?, Inc. GES updated its outlook for the fiscal year ending January 28, 2012, as follows: Consolidated net revenues are expected to range from $2.74 billion to $2.80 billion. Operating margin is expected to be between 16.5% and 17.0%. Diluted earnings per share are expected to be in the range of $3.30 to $3.50. The Company's expectations for the second quarter of fiscal 2012 ending July 30, 2011, are as follows: Consolidated net revenues are expected to range from $645 million to $660 million. Operating margin is expected to be between 15.5% and 16.0%. Diluted earnings per share are expected to be in the range of $0.77 to $0.83.