Francesca's Holdings Corp. (FRAN) - NASDAQ
  • 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
  • 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
  • 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
  • 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, 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
  • Wed, Jan. 13, 10:48 AM
    • Francesca's (FRAN -0.9%) guides for Q4 sales of $130M to $133M.
    • Comparable-store sales are expected to grow at a high single-digit rate during the quarter.
    • The retailer is closing six stores in January.
    • ICR webcast
    | Wed, Jan. 13, 10:48 AM
  • Thu, Jan. 7, 9:08 AM
    • Francesca's (NASDAQ:FRAN) lifts guidance after factoring in holiday sales.
    • The company now sees Q4 sales of $130M to $133M off a high single-digit comp. Prior guidance was for sales of $127M to $130M.
    • EPS guidance from the retailer is raised to $0.32-$0.34 vs. $0.31-$0.33 prior and $0.32 consensus.
    • Management says the retailer's assortment was on trend this year.
    • FRAN +3.44% premarket to $18.62.
    | Thu, Jan. 7, 9:08 AM | 1 Comment
  • Dec. 9, 2015, 7:55 AM
    • Francesca's (NASDAQ:FRAN) reports comparable-store sales rose 4% in Q3 due to an increase in average transaction value Y/Y.
    • Direct-to-consumer sales increased 12% to $3.8M.
    • Merchandise category sales: Apparel: $54.3348.17M (+23%); Jewelry: $21.27M (+14%); Accessories: $17.08M (+20%); Gifts: $10.85M (+13%).
    • Gross margin rate dropped 70 bps to 46.6%.
    • Operating margin rate decreased 240 bps to 10.7%.
    • Inventory +23.9% Y/Y to $43.89M.
    • Boutique count +11 Q/Q to 619.
    • Q4 Guidance: Net sales: $127M to $130M; Comparable-store sales: mid-single digit increase; EPS: $0.31 to $0.33; New boutiques: 3.
    • FY2015 Guidance: Net sales: $432M to $435M; Comparable-store sales: flat to slightly positive; EPS: $0.86 to $0.88; Shares outstanding: 42.1M; Tax rate: 38.1%; Capital expenditure: $25M to $26M; Total boutiques: 616.
    | Dec. 9, 2015, 7:55 AM
  • Nov. 30, 2015, 12:55 PM
    • It's not a happy Cyber Monday for most retail chain stock on broad concerns over soft store traffic and weak pricing.
    • Notable decliners include Guess (GES -5.5%), Express (EXPR -4.6%), Zumiez (ZUMZ -7%), Foot Locker (FL -1.7%), Finish Line (FINL -2.1%), Urban Outfitters (URBN -4.4%), Francesca's (FRAN -2.9%), DSW (DSW -2.7%), and Men's Wearhouse (MW -3.3%).
    • Discounters are down sharply, led by Big Lots (BIG -5.4%), Gordmans Stores (GMAN -6%), and Five Below (FIVE -4.3%).
    • Big box retailers Wal-Mart (WMT -1.3%), Costco (COST -1.4%), and Target (TGT -1.4%) are lower with concerns over website capabilities lingering in the background. Best Buy (BBY +1.1%) is a bit of a surprise with a 1.4% gain after reports indicate demand for Apple products is exceptionally strong.
    • Specialty retailers such as The Container Store (TCS +1.6%), Party City (PRTY +1.2%), and The Michaels Companies (MIK +1.4%) are also retail outliers as consumers are seen spending a higher percentage of their disposable income close to their homes.
    • Previously: Retail stocks on watch after Amazon scoops up more Black Friday sales (Nov. 30 2015)
    • Previously: Department stores stocks weak on holiday sales anxiety (Nov. 30 2015)
    | Nov. 30, 2015, 12:55 PM | 11 Comments
  • Nov. 6, 2015, 11:16 AM
    • Apparel store stocks are weaker on more reports of higher wage levels and a string of earnings duds in the sector.
    • Men's Wearhouse (NYSE:MW) is the headliner with a 44% slide after reporting weak sales, although 22 out of 24 apparel store stocks with a market cap of over $300M are bleeding today.
    • Margins are a big concern in the sector as sales deleverage plays in and a higher mix of e-commerce chips away.
    • Other notable declines include Stein Mart (SMRT -5.4%), Ascena Retail (ASNA -5.5%), The Children's Place (PLCE -4.8%), Shoe Carnival (SCVL -2.2%), Buckle (BKE -2.1%), Francesca's (FRAN -1.9%).
    | Nov. 6, 2015, 11:16 AM | 4 Comments
  • Oct. 8, 2015, 10:20 AM
    • The apparel sector is out-gaining market averages as sentiment swings positive. There's been some analysis suggesting that apparel sellers will benefit from the Trans-Pacific Partnership on the cost side. Lower cotton and oil prices are also working in the favor of apparel companies, although hedging against the strong U.S. dollar is an ongoing risk.
    • On the manufacturing side: G-III Apparel (NASDAQ:GIII) +2.6%, Columbia Sportswear (NASDAQ:COLM) +2.1%, Michael Kors (NYSE:KORS) +1.8%, PVH Corp. (NYSE:PVH) +1.6%, Ralph Lauren (NYSE:RL) +1.4%.
    • On the chain store side: Cato (NYSE:CATO) +5.1%, Ascena Retail (NASDAQ:ASNA) +3.4%, American Eagle Outfitters (NYSE:AEO) +3.4%, Abercrombie & Fitch (NYSE:ANF) +3.1%, Francesca's Holdings (NASDAQ:FRAN) +2.6%, L Brands (NYSE:LB) +2.1%.
    | Oct. 8, 2015, 10:20 AM | 1 Comment
  • Sep. 21, 2015, 1:08 PM
    • Select specialty retailers are higher today as investors continue to speculate over which company will catch the interest of private equity firms looking at a go-private deal.
    • Zumiez (ZUMZ +3.9%), Buckle (BKE +1.7%), Francesca's Holdings (FRAN +2.2%), and Pacific Sunwear (PSUN +2.9%) are the names in the deal hopper. All four are sharply lower YTD to levels no wseen as attracting PE interest
    | Sep. 21, 2015, 1:08 PM | 4 Comments
  • Sep. 3, 2015, 8:27 AM
    • Wedbush Securities upgrades Francesca's Holdings (NASDAQ:FRAN) to an Outperform rating from Neutral.
    • The investment firm sees solid back-half numbers for the retailer off of improved merchandising and easy compares.
    • Wedbush lines up a $14 price target.
    • FRAN +2.55% premarket to $11.68.
    | Sep. 3, 2015, 8:27 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