Francesca's Holdings (FRAN) Misses Q2 EPS by 2c; Cuts FY14 Outlook

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Go back to Francesca's Holdings (FRAN) Misses Q2 EPS by 2c; Cuts FY14 Outlook

francesca's(R) Reports Second Quarter Fiscal Year 2014 Financial Results

September 9, 2014 7:30 AM EDT

Second quarter net sales increased 9% to $97.3 million Second quarter comparable sales decreased 7% Second quarter diluted earnings per share were $0.24 Opened 75 new boutiques through the end of the second quarter

HOUSTON, Sept. 9, 2014 (GLOBE NEWSWIRE) -- Francesca's Holdings Corporation (Nasdaq: FRAN) today reported net income of $10.3 million, or $0.24 diluted earnings per share, for the second quarter of 2014, compared to net income of $14.6 million, or $0.33 diluted earnings per share, for the second quarter of 2013.

Neill P. Davis, the Company's Chief Executive Officer and President stated, "In spite of the challenging... More