Francesca's (FRAN) Reports In-Line Q3 EPS; Guides FY14 Below Expectations
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francesca's(R) Reports Third Quarter Fiscal Year 2014 Financial Results
December 10, 2014 7:30 AM ESTHOUSTON, Dec. 10, 2014 (GLOBE NEWSWIRE) -- Francesca's Holdings Corporation (Nasdaq: FRAN) today reported earnings for the third quarter ended November 1, 2014.
Third Quarter of Fiscal 2014 Highlights:
Net sales increased 9% to $87.1 million Comparable sales decreased 6% Net income was $7.3 million, or $0.17 per diluted share, as compared to net income of $8.7 million, or $0.20 per diluted share, for the third quarter of 2013Michael W. Barnes, Chairman, President, and CEO stated, "While the current financial performance is disappointing, I am optimistic about the future of the francesca's brand. After... More
