Wedbush Cuts Price Target on Francesca's (FRAN) Following 1Q15 Results
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francesca's(R) Reports First Quarter Fiscal Year 2015 Financial Results
June 10, 2015 7:30 AM EDTNet sales increased 11% to $95.0 million Comparable sales decreased 2% Diluted earnings per share was $0.17 Opened 50 boutiques during the quarter
HOUSTON, June 10, 2015 (GLOBE NEWSWIRE) -- Francesca's Holdings Corporation (Nasdaq: FRAN) today reported financial results for the first quarter ended May 2, 2015.
Michael W. Barnes, Chairman, President, and CEO stated, "We delivered on our top and bottom line objectives during the first quarter. Merchandise margins rose slightly above last year's rate and ending inventory per boutique was down 5% compared to last year. We had continued strong performance in our... More
