Francesca's (FRAN) Misses Q2 EPS by 4c, Comps Fall 13%, Guidance Misses Views

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francesca’s® Reports Second Quarter Fiscal Year 2018 Financial Results

September 11, 2018 7:30 AM EDT

Net sales decreased 6% to $113 million and comparable sales decreased 13%Diluted earnings per share was $0.01 Company revises full year sales and EPS guidance

HOUSTON, Sept. 11, 2018 (GLOBE NEWSWIRE) -- Francescas Holdings Corporation (Nasdaq: FRAN) today reported financial results for the second quarter ended August 4, 2018.

Steve Lawrence, President and CEO, stated, Second quarter sales results were disappointing mostly due to weak traffic trends. While we have made significant progress in our merchandising strategy, inventory discipline and store... More