- Andrew Clarke and team have done a remarkable job of traversing rugged terrain since he stared on March 9th. Yet, the market gives him no credit for this.
- As of early September 2020, FRAN has no net financial debt and is expecting a $10.7 million refund from the CARES Act.
- The company generated positive operating cash flow during the 1st half of FY 2020. Quite impressive relative to its peers.
- A possible refinancing with less restricted covenants and a mobile App launch (late October 2020) are major potential catalysts.
For further details see:
Francesca's: Buy The Dip