Francesca’s (NASDAQ:FRAN) Announces Quarterly Earnings Results

Francesca’s (NASDAQ:FRAN) announced its quarterly earnings data on Tuesday. The specialty retailer reported $0.79 earnings per share for the quarter, Morningstar.com reports. The firm had revenue of $105.97 million during the quarter. Francesca’s had a negative return on equity of 14.30% and a negative net margin of 11.38%.

Shares of FRAN traded up $1.38 during mid-day trading on Wednesday, hitting $11.78. 1,243,120 shares of the company’s stock traded hands, compared to its average volume of 112,271. The company has a debt-to-equity ratio of 3.69, a current ratio of 0.82 and a quick ratio of 0.43. The business’s 50-day moving average price is $3.92 and its 200-day moving average price is $1.83. Francesca’s has a 1 year low of $2.78 and a 1 year high of $52.92.

Separately, ValuEngine upgraded shares of Francesca’s from a “hold” rating to a “buy” rating in a report on Thursday, September 5th.

In other news, major shareholder Cross River Capital Management bought 65,000 shares of the stock in a transaction dated Monday, July 1st. The stock was bought at an average price of $0.43 per share, for a total transaction of $27,950.00. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders acquired a total of 428,915 shares of company stock valued at $959,760 over the last 90 days. Company insiders own 1.70% of the company’s stock.

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Jane Street Group LLC purchased a new position in shares of Francesca’s during the second quarter valued at approximately $52,000. GSA Capital Partners LLP bought a new stake in shares of Francesca’s in the 2nd quarter worth approximately $79,000. Apis Capital Advisors LLC bought a new stake in shares of Francesca’s in the 1st quarter worth approximately $119,000. Millennium Management LLC purchased a new stake in shares of Francesca’s in the 4th quarter worth approximately $223,000. Finally, Bank of America Corp DE increased its position in Francesca’s by 135.1% during the 4th quarter. Bank of America Corp DE now owns 353,836 shares of the specialty retailer’s stock valued at $343,000 after buying an additional 203,315 shares in the last quarter.

Francesca’s Company Profile

Francesca's Holdings Corporation, through its subsidiaries, operates a chain of boutiques. The company offers fashion apparel, jewelry, accessories, and gifts for women between the ages of 18 and 35. Its apparel products include dresses, fashion tops, sweaters, cardigans and wraps, bottoms, outerwear and jackets, tees and tanks, and intimates; and jewelry comprise necklaces, earrings, bracelets, and rings.

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Earnings History for Francesca`s (NASDAQ:FRAN)

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