NEW YORK (TheStreet) -- Francesca's Holdings (FRAN - Get Report) stock is jumping 6.57% to $18.48 on Wednesday morning after the boutique retailer earlier today reported better-than-expected fourth quarter 2015 earnings thanks to a robust holiday shopping season.
Earnings for the period ended January 30 came in at 36 cents a share, topping Wall Street's expectations of 34 cents a share. A year ago, it earned 21 cents a share.
Sales rose 25% to $134.6 million, also exceeding forecasts of $132.03 million.
Comparable sales increased 11% year-over-year.
"We are particularly pleased with the sequential improvement in our apparel sales, which grew 35% during the fourth quarter, as well as with the performance in our non-apparel sales which increased 19%," CEO Michael W. Barnes stated.
Despite its strong performance in the recent quarter, the company expects lackluster earnings for first quarter fiscal 2016. Earnings are projected to be between 17 cents a share to 20 cents a share, while analysts were looking for 21 cents a share. However, its revenue projections were more positive, as the company anticipates sales to be between $108 million to $112 million, compared to analysts' forecasts of $108 million.
In addition to the report, the company today announced that it appointed Kelly M. Dilts as its chief financial officer. She currently services as the senior VP of finance and investor relations at Tailored Brands (TLRD).
Separately, TheStreet Ratings currently has a "Hold" rating on the stock with a letter grade of C+.
The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, deteriorating net income and disappointing return on equity.
Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles' author.
You can view the full analysis from the report here: FRAN