Franchise Brands (LON:FRAN) Issues Quarterly Earnings Results

Key Points

• Franchise Brands reported earnings of GBX 4.42 ($0.06) per share for the quarter, with a return on equity of 3.60% and a net margin of 6.43%.
• Following the earnings announcement, the company's stock price fell by 7.1%, trading at GBX 126.29 ($1.69).
• Franchise Brands operates as a multi-brand franchisor with over 600 franchisees across B2B van-based services in 10 countries, highlighting its substantial international presence.

Franchise Brands (LON:FRAN - Get Free Report) issued its earnings results on Wednesday. The company reported GBX 4.42 ($0.06) earnings per share for the quarter, Digital Look Earnings reports. Franchise Brands had a net margin of 6.43% and a return on equity of 3.60%.

Franchise Brands Price Performance

FRAN traded up GBX 3.43 ($0.05) on Friday, hitting GBX 130.93 ($1.74). 306,155 shares of the company were exchanged, compared to its average volume of 150,726. The company has a debt-to-equity ratio of 42.67, a quick ratio of 1.57 and a current ratio of 1.39. The business's fifty day moving average is GBX 147.54 and its 200 day moving average is GBX 143.94. Franchise Brands has a fifty-two week low of GBX 125 ($1.66) and a fifty-two week high of GBX 189 ($2.51). The firm has a market capitalization of £253.07 million, a P/E ratio of 32.87 and a beta of 0.82.

Franchise Brands Company Profile

Franchise Brands is an international, multi-brand franchisor focused on B2B van-based service with seven franchise brands and a presence in 10 countries across the UK, North America and Europe. The Group is focused on building market-leading businesses primarily via a franchise model and has a combined network of over 600 franchisees. The Company owns several market-leading brands with long trading histories, including Pirtek in Europe, Filta, Metro Rod and Metro Plumb, all of which benefit from the Group's central support services, particularly technology, marketing, and finance.