Nomura Securities raises Price Target on Francesca's (FRAN) to $16 Following 2Q

Go back to Nomura Securities raises Price Target on Francesca's (FRAN) to $16 Following 2Q

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

September 7, 2016 7:30 AM EDT

Company raises full year sales and diluted earnings per share outlookNet sales increased 9% to $115.3 million and comparable sales were flat compared to the same prior year periodDiluted earnings per share was $0.27 compared to $0.22 in the same period last yearNet sales and diluted earnings per share for the second quarter exceeded guidance

HOUSTON, Sept. 07, 2016 (GLOBE NEWSWIRE) -- Francescas Holdings Corporation (NASDAQ: FRAN) today reported financial results for the second quarter ended July 30, 2016.

Richard Kunes, Interim Chairman, President, and CEO stated, We are very pleased to have exceeded... More