N Brown Group PLC said its normalized net income for the fiscal full year ended Feb. 28 was 20 Great British pence per share, compared with the S&P Capital IQ consensus estimate of 23 pence per share.
EPS declined 8.3% year over year from 21 pence.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was £55.6 million, a decline of 8.2% from £60.5 million in the full year ended March 1, 2014.
The normalized profit margin declined to 6.8% from 7.4% in the year-earlier period.
Total revenue totaled £818.0 million, compared with £818.9 million in the prior-year period, and total operating expenses increased from the prior-year period to £724.4 million from £712.4 million.
Reported net income fell 20.8% year over year to £59.8 million, or 21 pence per share, from £75.5 million, or 27 pence per share.
