Scalper1 News
Retailer Francesca’s (FRAN) inventory management helped it guide fourth-quarter results to the high end of its outlook, a rare move as retailers mostly struggled during the holiday season. The chain’s upbeat views come as others slash earnings predictions. Analysts attribute the less-than-cheery holiday season in part to extreme discounting to get rid of overstocked inventories. But Francesca’s, which operates on a boutique model, buys only a Scalper1 News
Scalper1 News