There are several stocks with huge potential that investors might miss, and Francesca’s Holdings Corp. (NASDAQ:FRAN) is one of them. It posted excellent quarterly results including a 15.17% increase in net sales. Net sales for the first nine months increased 11.83%. During the quarter, Francesca's opened 18 boutiques and closed one boutique, totalling 669 at the end of the quarter.
Francesca's is a specialty retailer which operates a nationwide-chain of boutiques. The company operates 674 boutiques in 48 states and the District of Columbia and also serves its customers online. Further, Francesca's has significant presence in California, Texas, and Florida. Approximately 80% and 76% of the company’s mall and non-mall boutiques are in A/B locations. Francesca's provides array apparel, jewelry, accessories, and gifts to its customers. The company’s core targeted customers are fashion-conscious women between the ages of 18 and 35. Secondary targeted customers include younger sisters between the ages of 12 and 17 and sophisticated mom aged more than 35 years. Continue Reading »