For the full fiscal year ending February 2, 2013, net sales are expected to be in the range of $290.0 million to $292.0 million assuming a low double digit comparable boutique sales increase and the opening of 76 new boutiques and an outlet boutique. Earnings per diluted share are expected to be in the range of $0.94 to $0.96 compared to earnings per diluted share in the prior year of $0.52. Excluding $0.7 million pretax ($0.4 million, net of tax) or $0.01 per diluted share for relocation costs of the Company's headquarters and distribution facilities and $0.7 million pretax ($0.4 million, net of tax) or $0.01 per diluted share for a secondary equity offering and option acceleration costs, adjusted earnings per diluted share are expected to be in the range of $0.96 to $0.98 an increase of 66% to 69% over the same prior year period adjusted earnings per diluted share of $0.58 excluding a $2.3 million pretax or $0.03 per diluted share ($1.4 million, net of tax) charge for the acceleration of stock options, a $1.6 million ($1.0 million, net of tax) or $0.02 per diluted share for the Company's initial public offering, and a $0.6 million ($0.4 million, net of tax) or $0.01 per diluted share for secondary equity offering costs. The Company uses the NRF calendar; therefore fiscal year 2012 will be a 53-week year. We estimate that the additional week will contribute approximately $3.0 million in net sales and $0.02 per diluted share in incremental earnings.Senior Leadership Transition Plan
Francesca's Holdings Corporation Reports Fiscal 2012 Second Quarter Results, Increased Guidance For The Full Year 2012 And Senior Leadership Transition Plan
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