Thursday, June 7, 2012

Stock Alert - Francesca's Holdings (FRAN): Q1 EPS of $0.20 beats by $0.03. Revenue of $61.3M (+48.6% Y/Y) beats by $1M- 6/7/12

Francesca's Holdings (FRAN): Q1 EPS of $0.20 beats by $0.03. Revenue of $61.3M (+48.6% Y/Y) beats by $1M. Shares +8% AH.

Francesca Holdings (FRAN): Q1 beats across board on a big jump in sales. Net sales jumped 48.6% to $61M from $41M Y/Y, with comp boutique sales increasing by 15.5%. Gross margin rose to 53.1% compared to 52.4% in the same prior year period, primarily as a result of leveraging occupancy costs. Shares +9.8% AH. .

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