It's always enlightening to reconcile actual results to preliminary results when a company uncharacteristically decides to offer an early look. When Francesca's Holdings (FRAN) reported its fiscal 2019 fourth quarter and full-year results on May 1st, it included a warning regarding the “substantial doubt about its ability to continue as a going concern.” Perhaps offering an early look was intended to placate the substantial doubt warning.
On June 18th, the women's fashion retailer offered a few preliminary results for the fiscal 2020 first quarter, the period ending May 2,