Wedbush Raises Price Target on Francesca's (FRAN) Following 3Q Report

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francesca’s® Reports a 15% Net Sales and a 7% Comparable Sales Increase for the Third Quarter 2016 and Increases Full Year Guidance

December 6, 2016 7:30 AM EST

Diluted earnings per share were $0.26 for the third quarter compared to $0.16 last year, a 63% increaseCompany raises fiscal 2016 sales and diluted earnings per share outlook to $1.03 to $1.07

HOUSTON, Dec. 06, 2016 (GLOBE NEWSWIRE) -- Francescas Holdings Corporation (NASDAQ: FRAN) today reported financial results for the third quarter ended October 29, 2016.  

Steve Lawrence, President and CEO stated, We are very pleased with our third quarter results, as we achieved double digit growth in sales and EPS exceeded our expectations.  Our strong... More