francesca’s® Reports Fourth Quarter and Fiscal Year 2019 Financial Results and Provides Update on COVID-19 Pandemic Response
FRANCESCAS HOLDINGS (FRAN)
Last francescas holdings earnings: 5/3 07:30 am
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US:NASDAQ Investor Relations:
investors.francescas.com/investor-relations
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Source: GlobeNewswire
Fourth quarter net sales were flat at $119.0 million and comparable sales increased 1%Fourth quarter GAAP loss per share was $3.97Fourth quarter adjusted loss per share was $0.31 (see Non-GAAP Information below)Material COVID-19 response measures to improve the Company’s liquidity underway HOUSTON, May 01, 2020 (GLOBE NEWSWIRE) -- Francesca’s Holdings Corporation (Nasdaq: FRAN) today reported financial results for the fourth quarter and fiscal year ended February 1, 2020 and provided a material update on its response to the COVID-19 pandemic. COVID-19 RESPONSE Andrew Clarke, President and CEO, stated, “As we continue to manage our business through the COVID-19 pandemic, our first priority is the health and safety of our teams and our customers. Following the guidance of local governments and healthcare organizations, we closed all of our boutiques as of March 25th. We also began to implement a comprehensive plan to help mitigate the impact of the COVID-19 pandemic through care
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