This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Francesca's Holdings Corporation Reports Fiscal 2012 Second Quarter Results, Increased Guidance For The Full Year 2012 And Senior Leadership Transition Plan

Greg Brenneman, Non-Executive Chairman of the Board, said, "John has done an amazing job building Francesca's into one of the country's fastest growing and profitable specialty retailers. While we will miss John's many talents, we understand and support his decision to begin a new chapter in his life. We are fortunate that John has assembled an experienced team of high performing executives who have helped John drive the Company's outstanding performance and we are confident that the business model and infrastructure established will allow that success to continue."

Mr. Brenneman concluded, "Neill is a highly qualified and seasoned retail executive. His experience in helping Men's Wearhouse realize double-digit compound annual growth rates in sales and profitability during his 15-year tenure will be invaluable in the coming years. The board looks forward to working closely with Neill, Theresa and the rest of Francesca's executive team in the years to come."

Mr. De Meritt said, "I have been involved with Francesca's for over 10 years and overseeing the daily operations for the last six years. I have decided that it is an ideal time for me to pursue my many other interests and to allow those who have worked closely with me during that time to take over leadership of the Company. I have enjoyed recruiting and fostering this talented senior executive team and together with them, building the foundation to continue to deliver outstanding results. With Francesca's performing exceptionally well and its strong financial and competitive position, I believe the Company has a very bright future."

Mr. Davis has been with Francesca's since 2007, first joining as a member of the Board of Directors. Until his appointment as President, Mr. Davis also served as Chairman of the Audit Committee of the Board. Mr. Davis has extensive leadership experience in the retail industry including 15 years at The Men's Wearhouse where he served in the senior executive positions of Executive Vice President, Chief Financial Officer, Treasurer and Principal Financial Officer.

3 of 5

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%
TSLA $240.76 0.00%
YHOO $36.60 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs