Francesca's Holdings CEO To Retire
Francesca's Holdings Corp. (Nasdaq: FRAN) reported sharply higher second quarter earnings of 28 cents per diluted share compared with 13 cents per diluted share in the year ago period that more than doubled to top analyst estimates but the stock price plummeted $6.15 to close at $29.92 after announcing the retirement of chief executive John De Meritt at the end of the year.
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