Francesca's (FRAN) Reports Select Preliminary Q1 Financial Results

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francesca’s® Provides Update on COVID-19 Response and Reports Select Preliminary First Quarter Fiscal Year 2020 Financial Results

June 18, 2020 7:30 AM EDT

Reopened 593 boutiques as of June 12, 2020 First quarter 2020 net sales decreased 50% to $43.8 millionDelays filing of Quarterly Report on Form 10-Q

HOUSTON, June 18, 2020 (GLOBE NEWSWIRE) -- Francescas Holdings Corporation (Nasdaq: FRAN) today provides an update on its COVID-19 response and reports select preliminary financial results for the first quarter ended May 2, 2020.  These preliminary results do not include the impact of non-cash impairment charges of long-lived assets, including the related income tax effect, which are expected to have a material impact on... More