Michael Kors (KORS) raises its FY12 EPS outlook to $0.79 - $0.81, above the consensus estimate...

|About: Michael Kors Holdings (KORS)|By:, SA News Editor

Michael Kors (KORS) raises its FY12 EPS outlook to $0.79 - $0.81, above the consensus estimate of $0.67, and revenue to be in the range of $1.27B - $1.28B, near-to-slightly below Street estimates of $1.28B. It also says it may experience additional shipping delays until it's fully completed the transition to its new distribution facility, which could affect its ability to achieve guidance.