Francesca's Holdings Analyst Coverage Initiated: Naming of Retailing Veteran Michael W. Barnes as CEO Sends Shares Surging in Excess of 30% by BrokerBank Securities, Inc.

NEW YORK, Dec. 10, 2014 /PRNewswire/ -- Analyst Brief by Small Cap IR – Francesca's Holdings Corp (NASDAQ: FRAN) announced on Friday, Dec 5th, specialty retailing veteran Michael W. Barnes was named Chairman, President and Chief Executive Officer, effective immediately. Mr. Barnes brings a wealth of knowledge and retailing expertise which he gained from leading Fossil Group Inc. from IPO to a multibillion dollar company and leading the $1.46 billion acquisition of Zale by Signet Jewelers Limited; Barnes' latest leadership role. Throughout the four-year term with Signet, the share price tripled; investors hope for the same with Barnes' new role with Francesca's Holdings Corp. This announcement brought on massive interest from investors and resulted in a massive price increase of over 30%. Accompanying the announcement were the third quarter earnings for 2014. The numbers could have been more impressive; however, in a competitive industry like specialty retail, turning a profit is seen as a superior accomplishment in today's economy.

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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/francescas-holdings-analyst-coverage-initiated-naming-of-retailing-veteran-michael-w-barnes-as-ceo-sends-shares-surging-in-excess-of-30-by-brokerbank-securities-inc-300007494.html

SOURCE BrokerBank Securities, Inc.

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