Francesca's Holdings Corp.(FRAN)- NASDAQ
  • Tue, Aug. 16, 10:26 AM
    | Tue, Aug. 16, 10:26 AM
  • Thu, Aug. 11, 9:59 AM
    • The retail sector is racking up sizable gains after Macy's set the table with a major store closing announcement (15% of full-line stores).
    • Earnings beats at Macy's and Kohl's, along with a surprise upgrade on American Eagle Outfitters (AEO +4.6%) are also helping to boost sentiment.
    • Notable gainers include Guess (GES +4.3%), Dillard's (DDS +5.8%), Ascena Retail Group (ASNA +4.6%), Stage Stores (SSI +7.7%), Sears Holdings (SHLD +4.6%), Gap (GPS +3.5%), Abercombie & Fitch (ANF +3.2%), Barnes & Noble (BKS +3.2%), Urban Outfitters (URBN +1.3%), Francesca's (FRAN +2.5%), DSW (DSW +3.5%), Pier 1 Imports (PIR +4%), and Finish Line (FINL +2.4%).
    • The S&P 500 Retail ETF (NYSEARCA:XRT) is up 2.1% on the day off the chain store buzz.
    • Retail ETFs: XLY, XRT, VCR, RTH, RETL, FXD, IYC, FDIS, SCC, RCD, UCC, PMR, JHMC, CNDF
    | Thu, Aug. 11, 9:59 AM | 9 Comments
  • Mon, Jul. 25, 11:09 AM
    • Apparel store stocks are off and running today on some broad strength.
    • The sector has seen more buying action of late after hitting a prolonged rough patch. A couple of solid reports on June sales from key retailers and some calming down of the recent civil unrest has contributed to improved outlook.
    • Notable gainers include Gap (GPS +3.5%), Nordstrom (JWN +3.3%), L Brands (LB +2.9%), Urban Outfitters (URBN +2.8%), Macy's (M +2.3%), Kohl's(KSS +1.7%), Francesca's Holdings (FRAN +1.5%), Chico's FAS (CHS +2.1%), Tailored Brands (TLRD +1.5%), and DSW (DSW +1.8%).
    | Mon, Jul. 25, 11:09 AM | 1 Comment
  • Mon, Jul. 11, 1:34 PM
    • Francesca's (FRAN +5.1%) trades higher after the company discloses that Chief Merchandising Officer Laurie Hummel bought 7K shares in late June.
    • Shares of Francesca's are back over $12 for the first time in almost two months.
    • SEC Form 4
    | Mon, Jul. 11, 1:34 PM
  • Fri, Jun. 10, 8:02 AM
    • FBR Capital cuts its price target on Francesca's (NASDAQ:FRAN) to $12 from $19 (based off of 12X P/E) after digesting the retailer's Q1 report.
    • "We like FRAN's initiatives; however, we remain on the sidelines and look for increased visibility regarding mall traffic, omni-channel capabilities, strategic investments, and consistent comp performance," writes analyst Susan Anderson.
    • Wall Street is still surprisingly bullish on FRAN, with 8 Hold ratings and 4 Buy ratings on the scorecard and no Sells/Underweights to be found.
    • Shares of FRAN are down 39% YTD.
    | Fri, Jun. 10, 8:02 AM | 1 Comment
  • Thu, Jun. 9, 9:11 AM
    | Thu, Jun. 9, 9:11 AM
  • Thu, Jun. 9, 7:45 AM
    • Francesca's (NASDAQ:FRAN) reports comparable-store sales rose 2% in Q1 driven by an increase in the number of transactions both at the boutiques and on-line.
    • Ecommerce comparable sales increased 38% for the period.
    • Merchandise category sales: Apparel: $54.89M (+14%); Jewelry: $24.06M (+10%); Accessories: $16.05M (+4%); Gifts and home: $11.33M (+15%).
    • Gross margin rate decreased 100 bps to 46.3%.
    • SG&A expense rate expanded 80 bps to 35.5%.
    • Operating margin rate dropped 170 bps to 10.8%.
    • Inventory +10.8% Y/Y to $34.8M.
    • Boutique count +30 Q/Q to 646.
    • Q2 Guidance: Net sales: $106M to $110M; Comparable-store sales: mid-single digit decrease; EPS: $0.16 to $0.19; New boutiques: 15 to 20.
    • FY2016 Guidance: Net sales: $460M to $480M; Comparable-store sales: flat to a low-single digit decrease; EPS: $0.86 to $0.96; Shares outstanding: 39.6M; Tax rate: 37.8%; Capital expenditure: $28M to $31M; New boutiques: 50 to 60.
    | Thu, Jun. 9, 7:45 AM
  • Thu, Jun. 9, 7:34 AM
    • Francesca's (NASDAQ:FRAN): Q1 EPS of $0.18 beats by $0.01.
    • Revenue of $106.1M (+11.7% Y/Y) misses by $0.66M.
    • Press Release
    | Thu, Jun. 9, 7:34 AM
  • Wed, Jun. 8, 5:30 PM
  • Tue, May 17, 12:47 PM
    | Tue, May 17, 12:47 PM | 1 Comment
  • Tue, May 17, 9:45 AM
    • Francesca's (NASDAQ:FRAN) plunges after CEO and Chairman Michael Barnes resigns for personal reasons. The company’s former lead director, Richard Kunes, will take over as interim chairman and CEO.
    • The company also discloses that it expects FQ1 EPS of $0.17 vs. $0.20 consensus.
    • Shares of the retailer are down 28% to $10.71 in early trading.
    | Tue, May 17, 9:45 AM
  • Tue, May 17, 9:20 AM
    | Tue, May 17, 9:20 AM
  • Tue, May 10, 2:58 PM
    • Gap's (GPS -12%) weak report on April sales, which followed shortly after an eye-opening read from L Brands (LB -1.2%), has investors skittish on the apparel store stocks.
    • Sector decliners today include Francesca's (FRAN -3.4%), Stein Mart (SMRT -3.5%), Ascena Retail (ASNA -3%), Express (EXPR -2.2%), Buckle, Cato (CATO -2.1%), Abercrombie & Fitch (ANF -2%), Amercan Eagle Outfitters (AEO -2%), Tailored Brands (TLRD -1.3%), and Urban Outfitters (URBN -1.5%)
    • Analysts are warning that the lack of overall sales volume and the closing of Aeropostale stores could continue to add to the promotional atmosphere.
    • In another sign of the problem that apparel stores are having in driving sales with millennials, the new Global X Millennials Thematic ETF (NASDAQ:MILN) has a top holding of Amazon and very little representation of apparel chain stock stocks (LULU and LB make the list).
    | Tue, May 10, 2:58 PM | 1 Comment
  • Thu, May 5, 10:59 AM
    • Apparel store stocks trade lower after one of its stalwarts takes it on the chin. L Brands (NYSE:LB) is down 10.5% with even the resilient Victoria's Secret business showing signs of weakness.
    • Notable decliners include Urban Outfitters (URBN -3.4%), Guess (GES -3.7%), Francesca's (FRAN -1.8%), Gap (GPS -2.6%), Genesco (GCO -2.8%), Ascena Retail Group (ASNA -3%), Express (EXPR -2%), and Chico's FAS (CHS -2.4%).
    • Buckle (BKE -5.8%) and Abercombie & Fitch (ANF -4.5%) are also down, with the former reporting weak April sale and the latter losing an exec on top of the L Brands development.
    | Thu, May 5, 10:59 AM | 25 Comments
  • Wed, Apr. 13, 10:54 AM
    • Wolfe Research upgrades Francesca's (FRAN +4.1%) to an Outperform rating on a valuation call.
    • The investment firm thinks some of the momentum the retailer generated in Q4 will continue this year.
    • Management pushed the right levers at the company to generate more transactions at a higher average price, not the easiest task in the mall retailer sector.
    • Now read Francesca's Holdings: Still Plenty To Prove
    | Wed, Apr. 13, 10:54 AM
  • Wed, Mar. 23, 7:56 AM
    • Francesca's (NASDAQ:FRAN) reports comparable-store sales rose 11% in Q4 due to increases in comparable transactions and average transaction value.
    • Direct-to-consumer sales increased 38% to $6.1M.
    • Merchandise category sales: Apparel: $53.43M (+35%); Jewelry: $29.66M (+23%); Accessories: $24.28M (+8%); Gifts: $26.62M (+26%).
    • Gross margin rate increased 340 bps to 49.1%.
    • SG&A expense rate -460 bps to 31.2%.
    • Adjusted operating margin rate grew 410 bps to 18.4%.
    • Inventory +32.5% Y/Y to $31.54M.
    • Boutique count -3 Q/Q to 616.
    • Q1 Guidance: Net sales: $108M to $112M; Comparable-store sales: mid-single digit increase; EPS: $0.17 to $0.20; New boutiques: 20 to 25.
    • FY2016 Guidance: Net sales: $474M to $494M; Comparable-store sales: low-single digit increase; EPS: $0.93 to $1.03; Shares outstanding: 40.2M; Tax rate: 38.1%; Capital expenditure: $28M to $31M; New boutiques: 50 to 60.
    • FRAN -4.84% premarket.
    | Wed, Mar. 23, 7:56 AM
Company Description
Francesca's Holdings Corp. engages in shopping business through its subsidiaries. It operates through the Operation of Boutiques and Direct-To-Consumer Website segments. The Operation of Boutiques segment engages in merchandise offered at retail locations through the direct-to-consumer business.... More
Sector: Services
Industry: Apparel Stores
Country: United States