Home / Knowledge / News / Apparel/Garments / Body Central revenue marginally up by 0.4% in Q4
Body Central revenue marginally up by 0.4% in Q4
17
Jan '13
Body Central Corp. announced sales results for the fourth quarter and fiscal year ended December 29, 2012 and lowered guidance for fourth quarter 2012 results.

Sales results for the fourth quarter ended December 29, 2012:

-Net revenues for the quarter increased 0.4% to $81.0 million, compared to $80.7 million for the fourth quarter of 2011.

-Store sales increased 1.2% to $73.8 million. Comparable store sales decreased 11.6%.

-Based on sales results in the fourth quarter, the Company now expects fourth quarter diluted EPS to be in the range of $0.10 to $0.12 per share.

-The Company opened 13 stores in the quarter and operated 276 stores as of December 29, 2012.

Sales results for the fifty-two weeks ended December 29, 2012:

-Net revenues increased 4.9% to $311.0 million from $296.5 million for the same period a year ago.

-Store sales rose 5.1% to $275.1 million driven primarily by a 15% increase in store count offset by a comparable store sales decrease of 8.1%.

-The Company now expects full year diluted EPS to be in the range of $0.68 to $0.70 per share. Also included in the full year EPS estimate is the $600,000 pre-tax charge (or $0.02 per share) taken in the third quarter related to severance expense for the former CEO.

Tom Stoltz, Body Central's interim CEO, COO, and CFO, stated: "We are disappointed in our recent results as sales trends did not improve from the third quarter. We were more promotional than planned during December in response to the competitive environment which resulted in weaker merchandise margins. While we believe that our current initiatives will have a positive impact on the business, we now anticipate that it will be later in 2013 before they have a meaningful impact on our performance."

About Body Central

Founded in 1972, Body Central Corp. is a growing, multi-channel, specialty retailer offering on trend, quality apparel and accessories at value prices. As of December 29, 2012 the Company operated 276 specialty apparel stores in 26 states under the Body Central and Body Shop banners, as well as a direct business comprised of a Body Central catalog .The Company targets women in their late teens and twenties from diverse cultural backgrounds who seek the latest fashions and a flattering fit.

Body Central Corp


Must ReadView All

EU, Japan finalise Economic Partnership Agreement

Textiles | On 18th Dec 2017

EU, Japan finalise Economic Partnership Agreement

Building on the political agreement reached in principle during the...

WTO, ITC launch cotton portal to enhance transparency

Textiles | On 18th Dec 2017

WTO, ITC launch cotton portal to enhance transparency

The World Trade Organisation (WTO) and the International Trade Centre ...

India much behind China in containerised cargo capacity

Textiles | On 18th Dec 2017

India much behind China in containerised cargo capacity

India’s total containerised cargo capacity of 8.75 million...

Interviews View All

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

December 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
68.1%
No
13.8%
Skip
18.1%

Total Votes: 94

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.8%
No
29.8%
Skip
7.4%

Total Votes: 94

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
9.6%
Skip
3.2%

Total Votes: 94

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.9%
No
8.5%
Skip
9.6%

Total Votes: 94


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search