Francesca's (FRAN) Reports In-Line Q1 EPS, Comps Decline 16%, Offers Guidance

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francesca’s® Reports First Quarter Fiscal Year 2018 Financial Results and Provides Second Quarter Guidance

June 5, 2018 7:30 AM EDT

Net sales decreased 7% to $100.4 million and comparable sales decreased 16%Diluted loss per share was $0.11 Reaffirms full year sales and EPS guidanceEntered into a new revolving credit facility

HOUSTON, June 05, 2018 (GLOBE NEWSWIRE) -- Francescas Holdings Corporation (Nasdaq: FRAN) today reported financial results for the first quarter ended May 5, 2018.  

Steve Lawrence, President and CEO, stated, First quarter results were generally in line with our expectations and we are starting to see signs of progress across several areas of... More