CL King Downgrades Francesca's Holdings (FRAN) to Neutral
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Francesca's (FRAN) Near-Term Outlook Remains Uncertain; Stifel Maintains 'Hold' Rating
December 10, 2014 9:49 AM ESTStifel maintains its Hold rating on Francesca's Holdings (Nasdaq: FRAN) following Q3 results and outlook.
Analyst Richard Jaffe noted that Q3 EPS of $0.17 came in at the low-end of its initial guidance and was flat with expectations. Comps fell 6 percent, versus a 3 percent decline in the same period last year.
Jaffe said, We believe that change is good for the... More
Francesca's (FRAN) Reports In-Line Q3 EPS; Guides FY14 Below Expectations
December 10, 2014 7:32 AM ESTFrancesca's (NASDAQ: FRAN) reported Q3 EPS of $0.17, in-line with the analyst estimate of $0.17. Revenue for the quarter came in at $87.1 million versus the consensus estimate of $87.4 million.
Comparable sales decreased 6%
Michael W. Barnes, Chairman, President, and CEO stated, "While the current financial performance is disappointing, I... More
