Jim Mullin
Value, long only, long-term horizon, special situations

Francesca's: An Expanding Retailer Down Roughly 50% In The Past Year


Francesca's (NASDAQ:FRAN) is a specialty retailer that currently has 513 locations in 46 states. The company describes its target customer as an adult woman under the age of 35 with a college education and a relatively high disposable income. Francesca's sells apparel (48% of 2013 sales), jewelry (24%), accessories (17%), and gifts (11%). Francesca's strives for each of its stores to feel like an independently owned, upscale boutique. To facilitate this, stores carry a broad and shallow selection of inventory and new items are constantly introduced to stores. Francesca's also has a growing online business that allows the company reach markets where it does not have a physical presence. The company has plans to dramatically increase its...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details