Francesca's (FRAN) Misses Q4 EPS by 51c, Comps Decline 14%
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francesca’s® Reports Fourth Quarter and Fiscal Year 2018 Financial Results
May 3, 2019 7:30 AM EDTFourth quarter net sales decreased 14% to $119.3 million and comparable sales decreased 14%Fourth quarter diluted loss per share was $0.61 Fourth quarter adjusted diluted loss per share was $0.01 (see Non-GAAP Information below)Company recorded a non-cash charge of $17.1 million associated with establishing a tax valuation allowance at fiscal 2018 year-endCompany recorded a non-cash asset impairment charges of $5.6 million in the fourth quarter
HOUSTON, May 03, 2019 (GLOBE NEWSWIRE) -- Francescas Holdings Corporation... More
