Francesca's (FRAN) Reports Q1 Loss of $0.18/Share, Comps Decline 13%

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Go back to Francesca's (FRAN) Reports Q1 Loss of $0.18/Share, Comps Decline 13%

francesca’s® Reports First Quarter Fiscal Year 2019 Financial Results

June 13, 2019 7:30 AM EDT

Net sales decreased 13% to $87.1 million and comparable sales decreased 13%Diluted loss per share was $0.29Adjusted diluted loss per share was $0.18 (see Non-GAAP Information below)

HOUSTON, June 13, 2019 (GLOBE NEWSWIRE) -- Francescas Holdings Corporation (Nasdaq: FRAN) today reported financial results for the first quarter ended May 4, 2019. 

Michael Prendergast, Interim CEO, stated, Our first quarter results were largely in line with our expectations. We are particularly pleased to see that the merchandising strategies we instituted late in the first... More