Francesca's Holdings Corp Raises Q4 2012 Guidance; Raises Q4 2012 Comparable Boutique Sales Guidance

Monday, 14 Jan 2013 07:00am EST 

Francesca's Holdings Corp announced that it has raised guidance for the fourth quarter of 2012 based on its holiday period sales and margin performance. The Company now expects sales to be between $84.5 million and $85.0 million. This outlook is based on an estimated 7% to 8% comparable boutique sales increase over the prior year quarter. Net income for the quarter is expected to be in the range of $13.0 million to $ 13.5 million or $0.29 to $0.30 per diluted share for the fourth quarter of 2012, which excluded $0.4 million after tax secondary equity offering costs, or $0.01 per diluted share. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $84.3 million and EPS of $0.28 for the fourth quarter of 2012. 

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29 Aug 2014