Francesca’s (NASDAQ:FRAN) announced its quarterly earnings data on Tuesday. The specialty retailer reported $0.79 EPS for the quarter, Morningstar.com reports. Francesca’s had a negative return on equity of 14.30% and a negative net margin of 11.38%. The business had revenue of $105.97 million during the quarter.
Shares of NASDAQ FRAN opened at $11.00 on Wednesday. Francesca’s has a fifty-two week low of $2.78 and a fifty-two week high of $52.92. The company has a 50 day simple moving average of $3.92 and a two-hundred day simple moving average of $1.83. The company has a quick ratio of 0.43, a current ratio of 0.82 and a debt-to-equity ratio of 3.69.
In other Francesca’s news, major shareholder Cross River Capital Management bought 97,189 shares of the stock in a transaction dated Thursday, June 20th. The stock was purchased at an average cost of $0.40 per share, for a total transaction of $38,875.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have acquired 428,915 shares of company stock valued at $959,760 in the last ninety days. Insiders own 1.70% of the company’s stock.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Jane Street Group LLC bought a new position in shares of Francesca’s during the second quarter valued at $52,000. Vanguard Group Inc. grew its position in Francesca’s by 12.7% during the 2nd quarter. Vanguard Group Inc. now owns 1,526,295 shares of the specialty retailer’s stock valued at $755,000 after purchasing an additional 172,095 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in Francesca’s by 43.6% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 1,836,595 shares of the specialty retailer’s stock valued at $909,000 after purchasing an additional 557,757 shares during the last quarter. Russell Investments Group Ltd. increased its stake in Francesca’s by 16.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 2,733,417 shares of the specialty retailer’s stock valued at $1,351,000 after purchasing an additional 384,368 shares in the last quarter. Finally, GSA Capital Partners LLP bought a new stake in Francesca’s during the 2nd quarter valued at about $79,000.
Separately, ValuEngine raised shares of Francesca’s from a “hold” rating to a “buy” rating in a research report on Thursday, September 5th.
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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