HOUSTON (AP) _ Francesca's Holdings Corp. (FRAN) on Tuesday reported a fiscal third-quarter loss of $16.2 million, after reporting a profit in the same period a year earlier.
The Houston-based company said it had a loss of 47 cents per share. Losses, adjusted for asset impairment costs, were 17 cents per share.
The clothing retailer posted revenue of $95.4 million in the period.
For the current quarter ending in January, Francesca's Holdings said it expects revenue in the range of $118 million to $124 million. Analysts surveyed by Zacks had expected revenue of $135.6 million.
The company expects full-year results to range from a loss of 41 cents per share to a loss of 34 cents per share, with revenue ranging from $427 million to $433 million.
The company's shares closed at $1.80. A year ago, they were trading at $6.15.
No comments:
Post a Comment