{"id":44985,"date":"2013-06-06T06:20:00","date_gmt":"2013-06-06T06:20:00","guid":{"rendered":"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/francesca-holdings-q1-revenue-disappoints-shares-tumble-fran\/44984\/"},"modified":"2024-08-25T18:10:31","modified_gmt":"2024-08-25T18:10:31","slug":"francesca-holdings-q1-revenue-disappoints-shares-tumble-fran","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/francesca-holdings-q1-revenue-disappoints-shares-tumble-fran\/44985\/","title":{"rendered":"Francesca Holdings Q1 Revenue Disappoints, Shares Tumble (FRAN)"},"content":{"rendered":"<p><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW - News Links *\/\ngoogle_ad_slot = \"3490797620\";\ngoogle_ad_width = 468;\ngoogle_ad_height = 15;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/p>\n<p>Women apparel and accessories retailer, Francesca Holdings Corp (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=FRAN\" target=\"_blank\" rel=\"noopener\">NASDAQ: FRAN<\/a>) reported late on Wednesday that fiscal first quarter income climbed 25%, aided by double digit sales growth; nonetheless, shares tumbled in extended trading hours as analysts were expecting higher sales.<\/p>\n<p><span id=\"more-44985\"><\/span><\/p>\n<p>The Houston, Texas-based retailer, which went public in July 2011, has been consistently posting double-digit quarterly sales growth.<\/p>\n<p>For the fiscal first quarter ended May 4, Francesca Holdings reported a net income of $10.9 million or 24 cents a share compared to a profit of $8.7 million or 20 cents a share, in the same quarter of last year. Adjusting onetime items, non-GAAP earnings climbed to 26 cents a share from 21 cents a share, in the year-earlier quarter.<\/p>\n<p>Revenue rose 29% to $79 million while comparable-store-sales increased by 2%.<\/p>\n<p>Earlier in March the Company projected earnings of 25 to 26 cents a share on revenue of $79.5 million to $80.5 million. At that moment, Comparable-store-sales were projected to grow by 4% to 5%.<\/p>\n<p>Analysts polled by Thomson Reuters had forecasted for earnings of 26 cents a share on revenue of $79.6 million.<\/p>\n<p>Sales trend was particularly strong in jewelry and accessories division. Gross margin shrank to 52.4% from 53.1%.<\/p>\n<p>For the current quarter, Francesca Holdings is expecting earnings of 35 cents to 36 cents a share on sales of $94.5 million to $95.5 million. Analysts\u2019 consensus forecast was for earnings of 35 cents a share on sales of $95 million. The Company reaffirmed its full-year guidance.<\/p>\n<p>&nbsp;<\/p>\n<div class=\"nr_clear\"><\/div>\n<div id=\"nrelate_popular_2\" class=\"nrelate nrelate_popular nrelate_default nr_1col nr_text\"><\/div>\n<p>\t<!--[if IE 6]>\n\t\t<script type=\"text\/javascript\">jQuery('.nrelate_default').removeClass('nrelate_default');<\/script>\n\t<![endif]--><\/p>\n<p>\t<script type=\"text\/javascript\">\n\t\/* <![CDATA[ *\/\n\t\tnRelate.domain = \"www2.thestockmarketwatch.com%2Fstock-market-news\";\n\t\tvar entity_decoded_nr_mp_url = jQuery('<span\/>').html(\"https:\/\/web.archive.org\/web\/20130609080910\/http:\/\/api.nrelate.com\/mpw_wp\/0.51.4\/?tag=nrelate_popular&domain=www2.thestockmarketwatch.com%2Fstock-market-news&url=http%3A%2F%2Fwww2.thestockmarketwatch.com%2Fstock-market-news%2Ffrancesca-holdings-q1-revenue-disappoints-shares-tumble-fran%2F44985&nr_div_number=2&maxageposts=7200&increment=1\").text();\n\t\tnRelate.getNrelatePosts(entity_decoded_nr_mp_url);\n\t\/* ]]&gt; *\/\n\t<\/script>\n\n\n<div class=\"nr_clear\"><\/div>\n\n\n<script id=\"mNCC\" language=\"javascript\">  medianet_width='600';  medianet_height= '250';  medianet_crid='814932888';  <\/script>  <script id=\"mNSC\" src=\"https:\/\/web.archive.org\/web\/20130609080910js_\/http:\/\/contextual.media.net\/nmedianet.js?cid=8CUT71M67\" language=\"javascript\"><\/script> \n\n\n\n\n<!-- AddThis Button BEGIN -->\n\n\n<div class=\"addthis_toolbox addthis_default_style addthis_32x32_style\">\n<a class=\"addthis_button_preferred_1\"><\/a>\n<a class=\"addthis_button_preferred_2\"><\/a>\n<a class=\"addthis_button_preferred_3\"><\/a>\n<a class=\"addthis_button_preferred_4\"><\/a>\n<a class=\"addthis_button_compact\"><\/a>\n<a class=\"addthis_counter addthis_bubble_style\"><\/a>\n<\/div>\n\n\n<script type=\"text\/javascript\">var addthis_config = {\"data_track_addressbar\":true};<\/script>\n<script type=\"text\/javascript\" src=\"http:\/\/s7.addthis.com\/js\/250\/addthis_widget.js#pubid=pennystocksfinder\"><\/script>\n<!-- AddThis Button END -->\n\n\n\n\n<p>More Posts by this author<\/p>\n\n\n\n<ul>\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/stocks-surge-after-jobs-data\/45051\">\nStocks Surge After Jobs Data<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/gold-prices-tumble-more-than-2-as-labor-market-improves-silver-prices-also-tumble\/45049\">\nGold Prices Tumble More Than 2% as Labor Market Improves; Silver Prices Also Tumble<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/stocks-rally-across-the-board\/45045\">\nStocks Rally Across-The-Board<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/stocks-gain-in-early-trade-2\/45042\">\nStocks Gain in Early Trade<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/gap-posts-strong-comparable-sales-growth-in-may-gps\/45039\">\nGap Posts Strong Comparable Sales Growth in May (GPS)<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/vail-resorts-miss-q3-estimates-shares-down-mtn\/45036\">\nVail Resorts Miss Q3 Estimates, Shares Down (MTN)<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/forex-market-update-u-s-dollar-pares-some-of-its-losses-after-the-job-data\/45033\">\nForex Market Update: U.S. Dollar Pares Some of Its Losses after the Job data<\/a><\/li>\n\n\n\n<\/ul>\n\n\n\n\n\n\n<hr>\n\n\n\n\n\n<table style=\"border:none;margin:0;\">\n\n\n<tr>\n\n\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/web.archive.org\/web\/20130609080910im_\/http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/wp-content\/uploads\/userphoto\/5.jpg\" alt=\"edliston\" width=\"125\" height=\"125\" class=\"photo\"><\/td>\n\n\n\n\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n\n\n<div style=\"font-size:11pt;\"><b>Post Written By: Ed Liston <\/b><\/div>\n\n\n\n\n<div style=\"font-size:10pt;\">\n\nEd Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.\n<\/div>\n\n\n<\/td>\n\n<\/tr>\n\n<\/table>\n\n\n\n\n\n\n\n<!--script type=\"text\/javascript\">\ngoogle_ad_client = \"pub-1408583772585547\";\n\/* 336x280, created 7\/9\/11 *\/\ngoogle_ad_slot = \"3552319058\";\ngoogle_ad_width = 336;\ngoogle_ad_height = 280;\n\n<\/script>\n<script type=\"text\/javascript\"\nsrc=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script-->\n\n\t\t\t\t\t\t\n\n\t\n\n<div style=\"margin:5px;margin-bottom:20px;font-size:11pt;\">&laquo; <a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/\">Return to Stock Market News<\/a> &laquo; <\/div>\n\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Women apparel and accessories retailer, Francesca Holdings Corp (NASDAQ: FRAN) reported late on Wednesday that fiscal first quarter income climbed 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