Francesca’s Holdings Corp (NASDAQ:FRAN) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are up 5.34%.
Francesca’s Holdings Corp Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased 65% to $0.33 in the quarter versus EPS of $0.20 in the year-earlier quarter.
Revenue: Rose 40.63% to $86.7 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Francesca’s Holdings Corp reported adjusted EPS income of $0.33 per share. By that measure, the company beat the mean analyst estimate of $0.3. It beat the average revenue estimate of $84.92 million.
Quoting Management: Neill Davis, Chief Executive Officer, commented, “We delivered another quarter of strong growth and profitability as the company’s differentiated shopping experience continues to resonate with new and existing customers. We are well positioned with the teams and capabilities to continue expansion of our boutique base, increase boutique productivity and further develop our direct-to-customer presence. Looking ahead, we continue our growth trajectory with 80 openings for fiscal 2013, reaching the milestone of over 400 locations by the end of the first quarter.”
Key Stats (on next page)…