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Thursday, May 3, 2012

Earning Alert - Body Central (BODY): Q1 EPS of $0.36 in-line. Revenue of $83M (+11.8% Y/Y) in-line. Shares -30.8% AH - 5/3/12

Body Central (BODY): Q1 EPS of $0.36 in-line. Revenue of $83M (+11.8% Y/Y) in-line.

Body Central (BODY): Q1 comes in-line with estimates. Overall revenue rose 11.8% Y/Y on a 13.6% rise in net store sales and a 10.1% increase in direct sales. The stock is being hammered in the post session however as the company lowers its Q2 forecast. It now expects an EPS of $0.26 - $0.28 per share and revenue to be in the range of $80M - $82M. Street estimates are for $87M in revenue and earnings of $0.36 per share. Shares -30.8% AH

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