Francesca's (FRAN) Tops Q4 EPS by 1c; Comps Up 1%

Francesca's (NASDAQ: FRAN) reported Q4 EPS of $0.21, $0.01 better than the analyst estimate of $0.20. Revenue for the quarter came in at $107.6 million versus the consensus estimate of $104.21 million.

Comps rose 1 percent, versus an estimated drop of 2.3 percent.

Guidance:

For the first quarter ending May 2, 2015, net sales are expected to be in the range of $93.0 million and $96.0 million; which assumes a low single digit decrease in comparable sales compared to the prior year comparable sales decrease of 7%. The Company plans to open 51 new boutiques during the first quarter. Diluted earnings per share are expected to be in the range of $0.15 to $0.18.

*** The Street sees Q1 revs of $94.7 million and EPS of $0.21.

For the full year ending January 30, 2016, net sales are expected to be in the range of $412.0 million and $424.0 million; which assumes a flat to a low single digit decrease in comparable sales compared to a prior year comparable sales decrease of 5%. The Company expects to open 85 boutiques in fiscal year 2015 compared to 88 new boutiques opened in fiscal year 2014. Diluted earnings per share are expected to be in the range of $0.81 to $0.90. The number of average diluted shares for the full year assumed in guidance is expected to be 42.4 million shares. The effective tax rate is estimated to be 38.1%.

*** The Street sees FY16 EPS of $0.94 and revenue of $420.1 million.

Capital expenditures for fiscal year 2015 are expected to be in the range of $30.0 million to $32.0 million.

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

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