Francesca\'s Holdings (FRAN) PT Lowered to $8 at FBR Capital Following 2Q

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Go back to Francesca\'s Holdings (FRAN) PT Lowered to $8 at FBR Capital Following 2Q

francesca’s® Reports Second Quarter Fiscal Year 2017 Financial Results

September 6, 2017 7:30 AM EDT

Net sales increased 4% to $119.7 millionComparable sales decreased 3%Diluted earnings per share were $0.20

HOUSTON, Sept. 06, 2017 (GLOBE NEWSWIRE) -- Francescas Holdings Corporation (NASDAQ: FRAN) today reported financial results for the second quarter ended July 29, 2017.  

Steve Lawrence, President and CEO, stated, As we previously announced, our second quarter EPS exceeded our expectations as a result of better than expected merchandise margins and SG&A expenses. Comparable sales came in at the low-end of the expected range and further softened in August. We... More