Francesca's (FRAN) Tops Q1 EPS by 1c; Issues Light Q2 Outlook

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Go back to Francesca's (FRAN) Tops Q1 EPS by 1c; Issues Light Q2 Outlook

francesca’s® Reports First Quarter Fiscal Year 2016 Financial Results

June 9, 2016 7:30 AM EDT

Net sales increased 12% to $106.1 millionComparable sales increased 2%, including an ecommerce comparable sales increase of 38%Diluted earnings per share was $0.18

HOUSTON, June 09, 2016 (GLOBE NEWSWIRE) -- Francescas Holdings Corporation (NASDAQ: FRAN) today reported financial results for the first quarter ended April 30, 2016.

Richard Kunes, Interim Chairman, President, and CEO stated, We delivered diluted earnings per share of $0.18, which was within our guidance range, despite lower than expected sales results particularly around Easter.

Commenting on the second quarter and full year 2016 outlook, Mr. Kunes noted that, We continue to see... More