Francesca's Holdings Corp. said its normalized net income for the fiscal second quarter ended Aug. 2 amounted to 24 cents per share, compared with the S&P Capital IQ consensus estimate of 26 cents per share.
EPS decreased 27.1% year over year from 34 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $10.3 million, a decline of 31.3% from $15.0 million in the prior-year period.
The normalized profit margin dropped to 10.6% from 16.8% in the year-earlier period.
Total revenue grew 8.7% year over year to $97.3 million from $89.6 million, and total operating expenses climbed 23.2% from the prior-year period to $80.7 million from $65.5 million.
Reported net income decreased 31.4% from the prior-year period to $10.2 million, or 24 cents per share, from $14.8 million, or 33 cents per share.
