Fly News Breaks for March 26, 2015
FRAN
Mar 26, 2015 | 07:32 EDT
After Francesca's reported stronger than expected results, SunTrust notes that the company reported its first positive comp sales in seven quarters. Although the company's Q1 guidance came in below expectations, SunTrust says the guidance is easily achievable and partly reflects the new CEO's conservatism. The firm thinks the company's customers have become more engaged and are responding to its new product.
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