HOUSTON, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Francesca’s Holdings Corporation (the “Company”) today announced that after a comprehensive sale process, multiple bids, and a fulsome auction conducted under Section 363 of the United States Bankruptcy Code its Stalking Horse Bidder, Francesca’s...
Bids due on January 13, 2021 at 5:00 p.m. (prevailing Eastern Time) Company Enters Into Stalking Horse Agreement With TerraMar Capital and Tiger Capital Group to Acquire Company as Going Concern, Subject to Higher and Better Offers francesca’s ® Continuing to Serve Customers in the Ordinary Course...
francesca’s ® Boutiques and E-commerce Continue to Provide Customers a Unique, Fun and Personalized Shopping Experience Obtains Interim Approval to Access $ 15 Million of DIP Financing to Facilitate Sale Process While Continuing to Serve Customers in the Ordinary Course HOUSTON , Dec....
Company Obtains $25 Million in Financing to Facilitate Sale Process While Continuing to Serve Customers in the Ordinary Course Process Aimed at Addressing Lease Obligations, Positioning the Company for New Ownership for Long-Term and Brand Sustainability HOUSTON , Dec....
HOUSTON , Sept. 15, 2020 (GLOBE NEWSWIRE) -- Francesca’s Holdings Corporation (Nasdaq: FRAN) today reports financial results for the second quarter ended August 1, 2020 and announced exploration of strategic initiatives. Second Quarter Highlights: Net sales decreased 29% to $75.7 million...
HOUSTON , Sept. 01, 2020 (GLOBE NEWSWIRE) -- Francesca’s Holdings Corporation (Nasdaq: FRAN) today announced plans to report second quarter fiscal year 2020 financial results on Tuesday, September 15, 2020 , before the market opens. The Company plans to hold a conference call to discuss its...
HOUSTON , July 28, 2020 (GLOBE NEWSWIRE) -- Francesca’s Holdings Corporation (Nasdaq: FRAN) today provides a business update and reports financial results for the first quarter ended May 2, 2020 . Mr. Andrew Clarke , President and CEO, stated, “Sales of reopened boutiques are trending within our...
HOUSTON and NEW YORK , July 02, 2020 (GLOBE NEWSWIRE) -- Francesca’s Holdings Corporation (Nasdaq: FRAN) and Poq today announced its partnership to develop francesca’s® first mobile application. As part of the Company’s effort to meet the customer wherever, whenever and however she chooses to shop,...
Reopened 593 boutiques as of June 12, 2020 First quarter 2020 net sales decreased 50% to $43.8 million Delays filing of Quarterly Report on Form 10-Q HOUSTON , June 18, 2020 (GLOBE NEWSWIRE) -- Francesca’s Holdings Corporation (Nasdaq: FRAN) today provides an update on its COVID-19 response and...
HOUSTON , June 16, 2020 (GLOBE NEWSWIRE) -- Francesca’s Holdings Corporation (Nasdaq: FRAN) today announced plans to report preliminary first quarter fiscal year 2020 financial results on Thursday, June 18, 2020 , before the market opens. The Company plans to hold a conference call to discuss its...
Fourth quarter net sales were flat at $119.0 million and comparable sales increased 1% Fourth quarter GAAP loss per share was $3.97 Fourth 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 , March 20, 2020 (GLOBE NEWSWIRE) -- Francesca’s Holdings Corporation (Nasdaq: FRAN) today announced that in response to the continued spread of COVID-19, it has temporarily closed substantially all of its stores effective March 20, 2019 . The remainder of its stores will remain open,...
HOUSTON , Feb. 13, 2020 (GLOBE NEWSWIRE) -- Francesca’s Holdings Corporation (Nasdaq: FRAN) today announced the appointment of Mr. Andrew Clarke as the Company’s President and Chief Executive Officer (“CEO”) and as a member of the board of directors, effective March 9 , 2020. Mr....
Comparable sales increased 1% Net sales were relatively flat at $95.5 million Loss per share was $1.76 compared to $5.59 in the same period last year Adjusted loss per share was $1.12 compared to $2.08 in the same period last year (see Non-GAAP Information below) HOUSTON , Dec....
HOUSTON , Nov. 26, 2019 (GLOBE NEWSWIRE) -- Francesca’s Holdings Corporation (Nasdaq: FRAN) today announced plans to report third quarter fiscal year 2019 financial results on Tuesday, December 10, 2019 , before the market opens. The Company plans to hold a conference call to discuss its financial...
Net sales decreased 6% to $106.0 million and comparable sales decreased 5% Diluted earnings per share was $0.61 compared to $0.16 in the same period last year Adjusted diluted earnings per share was $0.72 (see Non-GAAP Information below) HOUSTON , Sept....
HOUSTON , Sept. 03, 2019 (GLOBE NEWSWIRE) -- Francesca’s Holdings Corporation (the “Company”) (Nasdaq: FRAN) today announced that its Board of Directors appointed Richard Emmett to replace Richard Kunes as Chair, effective November 1 , 2019. Mr. Kunes will continue to serve on the Board of...
HOUSTON , Aug. 27, 2019 (GLOBE NEWSWIRE) -- Francesca’s Holdings Corporation (Nasdaq: FRAN) today announced plans to report second quarter fiscal year 2019 financial results on Tuesday, September 10, 2019 , before the market opens. The Company plans to hold a conference call to discuss its...
HOUSTON , Aug. 14, 2019 (GLOBE NEWSWIRE) -- Francesca’s Holdings Corporation (the “Company”) (Nasdaq: FRAN) today announced that it has entered into a second lien term loan Credit Agreement (“Term Loan Credit Agreement”) with Tiger Finance, LLC . The Company simultaneously announced the completion...
HOUSTON , Aug. 02, 2019 (GLOBE NEWSWIRE) -- Francesca’s Holdings Corporation (the “Company”) (Nasdaq: FRAN) today announced that its Board of Directors unanimously adopted a Rights Agreement (the “Rights Plan”) and declared a dividend of one preferred share purchase right (a “Right”) on each...
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