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Why Francesca's Holdings Corp Stock Fell Tuesday

TheMotleyFool

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Why Francesca's Holdings Corp Stock Fell Tuesday

Shares of apparel, jewelry, accessory, and gift retailer Francesca's (NASDAQ: FRAN) fell as much as 10.3% on Tuesday, following the company's worse-than-expected third-quarter results. The stock is down 9.5% at the time of writing.

Investors are likely bearish about the stock after both revenue and earnings per share (EPS) missed analyst expectations. Francesca's reported revenue of $105.8 million and EPS of $0.01, while on average analysts were expecting about $107 million and $0.04, respectively.

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Source: Fool.com