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UPDATE: Francesca's Holdings Corp. (FRAN) Tops Q4 EPS by 3c, Guides Q1, FY13

March 19, 2013 4:06 PM EDT Send to a Friend
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(Updated - March 19, 2013 4:32 PM EDT)

Francesca's Holdings Corp. (NASDAQ: FRAN) reported Q4 EPS of $0.33, $0.03 better than the analyst estimate of $0.30. Revenue for the quarter came in at $86.7 million versus the consensus estimate of $84.89 million.

Net sales increases were driven by a 9.2% comparable boutique sales. The comparable sales increase was driven primarily by increased transactions. In addition, the increase in net sales was driven by strong growth in our clothing and jewelry categories.

Q1 Guidance

For the first quarter ending May 4, 2013, net sales are expected to be between $79.5 million and $80.5 million assuming a 4%-5% comparable boutique sales increase on top of the prior year increase of 15.5% and the opening of approximately 50 additional new boutiques.

Earnings per diluted share are expected to be in the range of $0.25 to $0.26 an increase of 25.0% to 30.0% over the prior year diluted earnings per share of $0.20.

(This compares to the street estimate of $0.26 on revenue of $78.36 million.)

FY14 Guidance

For the full fiscal year ending February 1, 2014, net sales are expected to be in the range of $365.0 million to $370.0 million assuming a 4% to 5% comparable boutique sales increase and the opening of 80 new boutiques. Earnings per diluted share are expected to be in the range of $1.27 to $1.30 and increase of 23.3% to 26.2% over the 52-week prior year adjusted diluted earnings per share.

(This compares to the street estimate of $1.27 on revenue of $370.90 million.)

For earnings history and earnings-related data on Francesca's Holdings Corp. (FRAN) click here.




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