Mr. Davis stated, "I am honored and very excited to be taking the reins of an incredible company which John has skillfully and thoughtfully built and set on a strong path for long-term success. As is evident from our guidance for next quarter and full year 2012, we are in a great position to fulfill the Company's financial goals. We have already secured 62 sites for our planned 75 boutique openings for the next fiscal year. We intend to continue to execute our successful four-pronged strategy of great merchandise, boutique excellence, uncompromised real estate and solid infrastructure."Ms. Backes has been with Francesca's since 2007 serving as its Chief Operating Officer and Head of Stores. Ms. Backes has over 25 years of retail experience including as Vice President Store Operations at David's Bridal, Director of Store Operations at Banana Republic, Senior Vice President of Stores at Gymboree and various executive positions at the Target Corporation.
Francesca's Holdings Corporation Reports Fiscal 2012 Second Quarter Results, Increased Guidance For The Full Year 2012 And Senior Leadership Transition Plan
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.