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Francesca's Holdings Corp (FRAN.O)

FRAN.O on Nasdaq

4.37USD
16 Aug 2019
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Latest Key Developments (Source: Significant Developments)

Francesca's Announces $10 Mln Term Loan Agreement Completion Of Strategic Alternatives Review
Wednesday, 14 Aug 2019 07:30am EDT 

Aug 14 (Reuters) - Francesca's Holdings Corp ::FRANCESCA’S® ANNOUNCES $10 MILLION TERM LOAN AGREEMENT COMPLETION OF STRATEGIC ALTERNATIVES REVIEW.FRANCESCA’S® ANNOUNCES $10 MILLION TERM LOAN AGREEMENT COMPLETION OF STRATEGIC ALTERNATIVES REVIEW.FRANCESCA'S HOLDINGS CORP - SIMULTANEOUSLY ANNOUNCED COMPLETION OF ITS PREVIOUSLY ANNOUNCED STRATEGIC ALTERNATIVES REVIEW.FRANCESCA'S HOLDINGS CORP - "WILL BEST SERVE INTERESTS OF ITS STOCKHOLDERS AT THIS TIME BY FOCUSING ON CONTINUED EXECUTION OF ITS TURNAROUND PLAN".FRANCESCA'S HOLDINGS CORP - OBTAINED AN AMENDMENT FROM LENDERS UNDER ITS EXISTING ASSET BASED REVOLVING CREDIT FACILITY TO PERMIT NEW FINANCING.FRANCESCA'S HOLDINGS CORP - TERM LOAN CREDIT AGREEMENT PROVIDES FOR AN AGGREGATE TERM LOAN OF $10.0 MILLION AND MATURES ON AUGUST 13, 2022.  Full Article

Francesca’s Holdings Corp Announces Departure Of Chief Financial Officer
Monday, 1 Jul 2019 04:01pm EDT 

July 1 (Reuters) - Francesca's Holdings Corp ::FRANCESCA’S® ANNOUNCES DEPARTURE OF CHIEF FINANCIAL OFFICER.FRANCESCA'S HOLDINGS - ANNOUNCED THAT KELLY DILTS, EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER, HAS INFORMED COMPANY OF HER PLANS TO RESIGN.FRANCESCA'S HOLDINGS CORP - NAMED CINDY THOMASSEE TO ASSUME ROLE OF EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER.  Full Article

Francesca's Announces Reverse Stock Split
Friday, 28 Jun 2019 04:01pm EDT 

June 28 (Reuters) - Francesca's Holdings Corp ::FRANCESCA’S® ANNOUNCES REVERSE STOCK SPLIT.FRANCESCA'S HOLDINGS CORP - BOARD OF DIRECTORS APPROVED A REVERSE STOCK SPLIT OF COMPANY'S COMMON STOCK AT A RATIO OF 12-TO-1..FRANCESCA'S HOLDINGS - TRADING SYMBOL FOR CO'S COMMON STOCK WILL REMAIN "FRAN.".  Full Article

Francesca's Holdings Corp Says Richard Kunes Notified Board Of His Resignation As Chairman And As A Class II Director Effective Jan 31, 2020 -
Thursday, 13 Jun 2019 05:46pm EDT 

June 13 (Reuters) - Francesca's Holdings Corp ::FRANCESCA'S HOLDINGS CORP - RICHARD KUNES NOTIFIED BOARD OF HIS RESIGNATION AS CHAIRMAN AND AS A CLASS II DIRECTOR EFFECTIVE JAN 31, 2020 -.  Full Article

Francesca's Holdings Reports Q1 Loss Per Share Of $0.29
Thursday, 13 Jun 2019 07:30am EDT 

June 13 (Reuters) - Francesca's Holdings Corp ::FRANCESCA’S® REPORTS FIRST QUARTER FISCAL YEAR 2019 FINANCIAL RESULTS.Q1 ADJUSTED NON-GAAP LOSS PER SHARE $0.18.Q1 LOSS PER SHARE $0.29.Q1 SALES FELL 13 PERCENT TO $87.1 MILLION.Q1 SAME STORE SALES FELL 13 PERCENT.Q1 RESULTS WERE LARGELY IN LINE WITH OUR EXPECTATIONS.SAW BETTER THAN EXPECTED SELL THROUGH RATES ON NEW PRODUCT IN QUARTER.ON TRACK TO ACHIEVE PREVIOUSLY TARGETED $15 MILLION IN ANNUALIZED SAVINGS.REMAIN ON TRACK TO ACHIEVE OUR PREVIOUSLY TARGETED $15 MILLION IN ANNUALIZED SAVINGS.UNDERTAKEN AN INITIATIVE TO PARTNER WITH OUR LANDLORDS TO REDUCE RENTS.COMPANY ENDED QUARTER WITH $32.2 MILLION OF INVENTORY ON HAND COMPARED TO $32.7 MILLION AT END OF COMPARABLE PRIOR YEAR PERIOD.WILL NOT BE PROVIDING GUIDANCE WHILE IT WORKS TO EXECUTE ITS TURNAROUND PLAN.  Full Article

Francesca’S Reports Fourth Quarter And Fiscal Year 2018 Financial Results
Friday, 3 May 2019 07:30am EDT 

May 3 (Reuters) - Francesca's Holdings Corp ::FRANCESCA’S® REPORTS FOURTH QUARTER AND FISCAL YEAR 2018 FINANCIAL RESULTS.Q4 ADJUSTED NON-GAAP LOSS PER SHARE $0.01.Q4 LOSS PER SHARE $0.61.Q4 SALES FELL 14 PERCENT TO $119.3 MILLION.Q4 SAME STORE SALES FELL 14 PERCENT.COMPANY RECORDED A NON-CASH ASSET IMPAIRMENT CHARGES OF $5.6 MILLION IN Q4.ENDED QUARTER WITH $30.5 MILLION OF INVENTORY ON HAND COMPARED TO $26.8 MILLION AT END OF COMPARABLE PRIOR YEAR PERIOD.  Full Article

Francesca's Sees Q4 2018 Adjusted Loss Per Share $0.01 To $0.03
Thursday, 18 Apr 2019 04:01pm EDT 

April 18 (Reuters) - Francesca's Holdings Corp ::FRANCESCA'S ANNOUNCES DELAY IN FISCAL 2018 10-K FILING AND PROVIDES PRELIMINARY ESTIMATED RESULTS FOR FOURTH QUARTER FISCAL YEAR 2018.SEES Q4 2018 ADJUSTED LOSS PER SHARE $0.01 TO $0.03.FRANCESCA'S HOLDINGS - SEES NET SALES FOR Q4 DOWN -14% TO $119.3 MILLION FROM $138.5 MILLION IN Q4 LAST YEAR.SEES Q4 COMP SALES DECREASE OF -14% PRIMARILY RESULTING FROM BOUTIQUE TRAFFIC DECLINES IN LOW-TEENS.EXPECTS TO RECEIVE AN IRS REFUND OF $8.4 MILLION BEFORE END OF FISCAL MAY 2019.FRANCESCA'S HOLDINGS - HAS NOT COMPLETED NORMAL QTRLY, YEAR-END CLOSING PROCEDURES FOR QUARTER AND YEAR ENDED FEB 2.WILL NOW FILE 10-K ON OR BEFORE MAY 3, 2019.  Full Article

Francesca's Holdings Q3 Same Store Sales Fell 14 Percent
Tuesday, 11 Dec 2018 07:30am EST 

Dec 11 (Reuters) - Francesca's Holdings Corp ::FRANCESCA’S® REPORTS THIRD QUARTER FISCAL YEAR 2018 FINANCIAL RESULTS.SEES Q4 2018 LOSS PER SHARE $0.07 TO $0.14.Q3 ADJUSTED LOSS PER SHARE $0.17.Q3 LOSS PER SHARE $0.47.Q3 SALES FELL 10 PERCENT TO $95.4 MILLION.Q3 SAME STORE SALES FELL 14 PERCENT.COMPANY REVISES FISCAL 2018 GUIDANCE.COMPANY RECORDED NON-CASH IMPAIRMENT CHARGES OF $14.4 MILLION IN QUARTER.CAPITAL EXPENDITURES FOR FISCAL YEAR 2018 ARE EXPECTED TO BE APPROXIMATELY $30 MILLION.SEES FY 2018 SALES $427 MILLION TO $433 MILLION.EXPECTS TO OPEN 32 NEW BOUTIQUES, CLOSE 25 BOUTIQUES AND REFRESH 81 BOUTIQUES IN FISCAL YEAR 2018.COMPANY RECORDED NON-CASH IMPAIRMENT CHARGES OF $14.4 MILLION IN Q3.FOR Q4 ENDING FEBRUARY 2, 2019, NET SALES ARE NOW EXPECTED TO BE IN RANGE OF $118 MILLION TO $124 MILLION.FOR FISCAL YEAR ENDING FEBRUARY 2, 2019, NET SALES ARE NOW EXPECTED TO BE IN RANGE OF $427 MILLION TO $433 MILLION.ENGAGED WITH A CONSULTING FIRM TO HELP CO DRIVE TRAFFIC.SAW COMPARABLE SALES DECLINES START TO NARROW AS CO MOVED INTO Q4.FY 2018 NET SALES GUIDANCE ASSUMES A MID- TO LOW-TEENS DECREASE IN COMPARABLE SALES COMPARED TO PRIOR YEAR NET SALES.EVALUATING REAL ESTATE PORTFOLIO TO CLOSE UNDERPERFORMERS.  Full Article

Francesca's Q3 Loss Per Share $0.47
Tuesday, 11 Dec 2018 07:30am EST 

Dec 11 (Reuters) - Francesca's Holdings Corp ::FRANCESCA’S® REPORTS THIRD QUARTER FISCAL YEAR 2018 FINANCIAL RESULTS.SEES Q4 2018 LOSS PER SHARE $0.07 TO $0.14.Q3 ADJUSTED LOSS PER SHARE $0.17.Q3 LOSS PER SHARE $0.47.Q3 SALES FELL 10 PERCENT TO $95.4 MILLION.Q3 SAME STORE SALES FELL 14 PERCENT.COMPANY REVISES FISCAL 2018 GUIDANCE.COMPANY RECORDED NON-CASH IMPAIRMENT CHARGES OF $14.4 MILLION IN QUARTER.CAPITAL EXPENDITURES FOR FISCAL YEAR 2018 ARE EXPECTED TO BE APPROXIMATELY $30 MILLION.SEES FY 2019 SALES $427 MILLION TO $433 MILLION.EXPECTS TO OPEN 32 NEW BOUTIQUES, CLOSE 25 BOUTIQUES AND REFRESH 81 BOUTIQUES IN FISCAL YEAR 2018.COMPANY RECORDED NON-CASH IMPAIRMENT CHARGES OF $14.4 MILLION IN Q3.FOR Q4 ENDING FEBRUARY 2, 2019, NET SALES ARE NOW EXPECTED TO BE IN RANGE OF $118 MILLION TO $124 MILLION.FOR FISCAL YEAR ENDING FEBRUARY 2, 2019, NET SALES ARE NOW EXPECTED TO BE IN RANGE OF $427 MILLION TO $433 MILLION.ENGAGED WITH A CONSULTING FIRM TO HELP CO DRIVE TRAFFIC.SAW COMPARABLE SALES DECLINES START TO NARROW AS CO MOVED INTO Q4.FRANCESCA'S HOLDINGS - FY 2019 NET SALES GUIDANCE ASSUMES A MID- TO LOW-TEENS DECREASE IN COMPARABLE SALES COMPARED TO PRIOR YEAR NET SALES.  Full Article

Francesca's Holdings Sees Q3 Adj Loss per share $0.17-$0.19 Excluding Items
Monday, 26 Nov 2018 04:01pm EST 

Nov 26 (Reuters) - Francesca's Holdings Corp ::FRANCESCA'S HOLDINGS SEES Q3 ADJUSTED LOSS PER SHARE $0.17 TO $0.19 EXCLUDING ITEMS.FRANCESCA’S PROVIDES PRELIMINARY ESTIMATED THIRD QUARTER FISCAL YEAR 2018 FINANCIAL RESULTS.SEES Q3 SALES $95 MILLION VERSUS REFINITIV IBES ESTIMATE OF $106.4 MILLION.GAAP LOSS PER SHARE IS EXPECTED TO BE BETWEEN $0.51 TO $0.49 FOR Q3.SEES QTRLY COMPARABLE SALES DECREASE OF 14%.A NON-CASH ASSET IMPAIRMENT OF APPROXIMATELY $15 MILLION IS EXPECTED TO BE TAKEN IN Q3.COMPANY EXPECTS FISCAL 2019 WILL HAVE A SMALLER BRICK & MORTAR FOOTPRINT THAN CURRENT YEAR..TAKING LONGER THAN ANTICIPATED TO ACHIEVE INFLECTION POINT IN BUSINESS, DID NOT DELIVER IMPROVED PERFORMANCE AS ANTICIPATED.  Full Article