Francesca's Holdings: Does That 'Broad And Shallow' Model Work?
- Francesca's is touted by bull opinions as a growth story. Most investors don't limit the definition of growth to strictly geographic expansion.
- The same bull opinions claim that Francesca's business model will win out because it works. What if it is flawed? What if it is THE flaw?
- Francesca's share price has fallen from highs in the $37 range in late 2012 to recent lows in the $13 range. Isn't that strange if it's a "growth' story?