Stock Research Monitor: CHS, FRAN, and GES
LONDON, UK / ACCESSWIRE / June 25, 2018 / If you want a free Stock Review on ASNA sign up now at www.wallstequities.com/registration. WallStEquities.com has issued research reports on four Apparel Stores stocks, namely, Chico's FAS Inc. (NYSE: CHS), Ascena Retail Group Inc. (NASDAQ: ASNA), Francesca's Holdings Corp. (NASDAQ: FRAN), and Guess' Inc. (NYSE: GES). Companies in the clothing stores industry operate physical retail establishments that sell clothing and accessories. The profitability of individual companies depends heavily on effective merchandising and marketing. All you have to do is sign up today for this free limited time offer by clicking the link below.
Fort Myers, Florida headquartered Chico's FAS Inc.'s stock saw a decline of 2.86%, finishing last Friday's trading session at $8.50. A total volume of 2.45 million shares was traded. The Company's shares are trading below their 200-day moving average by 5.34%. Additionally, shares of Chico's FAS, which operates as an omni-channel specialty retailer of women's private branded, casual-to-dressy clothing, intimates, and complementary accessories, have a Relative Strength Index (RSI) of 38.88.
On May 30th, 2018, Chico's FAS announced its results for Q1 FY18 ended May 05th, 2018. Net income for Q1 2018 was $29.0 million, net sales were $561.8 million, and gross margin was $226.9 million. At the end of the quarter, cash and marketable securities totaled $254.7 million.
On May 31st, 2018, research firm Telsey Advisory Group reiterated its ‘Market Perform' rating on the Company's stock with a decrease of the target price from $11 a share to $9 a share. Get the full research report on CHS for free by clicking below at:
Ascena Retail Group
Shares in Mahwah, New Jersey-based Ascena Retail Group Inc. ended at $4.25, down 3.41% from the last trading session. The stock recorded a trading volume of 4.20 million shares, which was above its three months average volume of 2.52 million shares. The Company's shares have surged 37.99% in the past month, 122.51% over the previous three months, and 130.98% over the past year. The stock is trading 41.02% and 81.13% above its 50-day and 200-day moving averages, respectively. Moreover, shares of the Company, which through its subsidiaries, operates as a specialty retailer of apparel, shoes, and accessories for women and tween girls in the US, Canada, and Puerto Rico, have an RSI of 64.60.
On June 19th, 2018, Ascena Retail announced that Ann Taylor Factory and LOFT Outlet will be launching e-commerce sites to give clients 24/7 access to modern workwear pieces and feminine versatile clothing from their favorite outlet brands. LOFT Outlet launched at LOFTOutlet.com that day, and Ann Taylor Factory's website will launch on June 26th, 2018. ASNA's complimentary research coverage is a few simple steps away at:
On Friday, shares in Houston, Texas headquartered Francesca's Holdings Corp. recorded a trading volume of 1.27 million shares, which was above their three months average volume of 945,990 shares. The stock jumped 4.66%, closing the day at $8.08. The Company's shares have surged 41.01% in the last month and 73.02% over the previous three months. The stock is trading 43.37% above its 50-day moving average and 31.71% above its 200-day moving average. Additionally, shares of Francesca's, which through its subsidiaries, operates a chain of retail boutiques, have an RSI of 79.93.
On June 05th, 2018, Francesca's reported its results for Q1 ended May 05th, 2018. Net sales for Q1 2018 were $100.4 million, gross profit was 38.2%, loss from operations was $4.5 million, and net loss was $3.9 million. Total cash and cash equivalents were $21.8 million at the end of the quarter.
On June 18th, 2018, research firm B. Riley FBR, Inc. upgraded the Company's stock rating from 'Neutral' to 'Buy' while revising its previous target price from $7 a share to $8 a share. Register for your free research report on FRAN at:
At the close of trading on Friday, shares in Los Angeles, California headquartered Guess' Inc. recorded a trading volume of 643,143 shares. The stock finished the session 2.22% lower at $22.05. The Company's shares have gained 8.30% in the previous three months and 93.25% over the past year. The stock is trading above its 200-day moving average by 19.35%. Furthermore, shares of Guess', which designs, markets, distributes, and licenses lifestyle collections of apparel and accessories for men, women, and children, have an RSI of 44.61.
On May 30th, 2018, Guess' Board of Directors has approved a quarterly cash dividend of $0.225 per share on the Company's common stock. The dividend will be payable on June 29th, 2018, to shareholders of record at the close of business on June 13th, 2018.
On May 31st, 2018, research firm Telsey Advisory Group reiterated its ‘Market Perform' rating on the Company's stock with an increase of the target price from $25 a share to $26 a share. Wall St. Equities' downloadable research report on GES available at:
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