|Bid||0.0000 x 21500|
|Ask||3.3300 x 2900|
|Day's Range||3.2900 - 3.4100|
|52 Week Range||2.9800 - 10.4400|
|Beta (3Y Monthly)||0.47|
|PE Ratio (TTM)||51.08|
|Earnings Date||Aug 27, 2019 - Sep 3, 2019|
|Forward Dividend & Yield||0.35 (10.36%)|
|1y Target Est||4.83|
Board of Directors Unanimously Approves Amendment to Company Bylaws to Opt Out of Florida's Control Share Acquisition Statute Bylaw Amendment Provides Voting Rights for ALL Chico's FAS Shareholders and ...
You probably know from experience that there is not as much information on small-cap companies as there is on large companies. Of course, this makes it really hard and difficult for individual investors to make proper and accurate analysis of certain small-cap companies. However, well-known and successful hedge fund managers like Jeff Ubben, George Soros […]
Chico's FAS Inc. responded to the lowered buyout bid made by private equity firm Sycamore Partners, saying it will "carefully review" the revised unsolicited bid of $3.00 a share, and respond "in due course." The women's apparel retailer noted, however, that it had already reviewed and unanimously rejected the previous bid of $3.50 a share, as the board of directors determined Sycamore's proposal "substantially undervalued Chico's FAS and was not in the best interest of Chico's FAS shareholders." Chico's said in a release Wednesday afternoon that numerous shareholders supported the board's decision to reject the previous proposal. Chico's stock, which was still inactive in Thursday's premarket, had gained 3.2% on Wednesday to bounce the lowest close on Tuesday since December 2008. The stock has dropped 62.6% over the past 12 months, while the S&P 500 has gained 5.8%.
FORT MYERS, Fla., June 19, 2019 /PRNewswire/ -- Chico's FAS, Inc. (CHS) (the "Company") today confirmed that it has received a revised unsolicited proposal from Sycamore Partners ("Sycamore") to acquire the Company for $3.00 per share in cash. Consistent with its fiduciary duties and in consultation with its independent financial and legal advisors, the Chico's FAS Board of Directors (the "Board") will carefully review Sycamore's revised proposal to determine the course of action that it believes is in the best interests of Chico's FAS shareholders.
Private equity firm Sycamore Partners said Wednesday it was revising down its buyout bid for Chico's FAS Inc. by 14%, saying the women's apparel retailer has declined engage in discussions despite continued poor performance. Sycamore said it would pay $3.00 for each Chico's share outstanding, down from a previous bid made last month for $3.50 a share. The stock rose 3.2% in afternoon trade, after closing Tuesday at $3.11, or the lowest level since December 2008. Since Sycamore made its previous offer on May 10, the stock has tumbled 19.5%; on June 11, Chico's beat fiscal first-quarter profit and net sales expectations, but missed on same-store sales and cut its outlook. "Engaging with us so we can perform our due diligence will create an attractive and certain alternative for your shareholders, which we believe is in their best interest given the company's deteriorating performance and share price," Sycamore Managing Director Stefan Kaluzny wrote in a letter to Chico's Chairman David Walker. Chico's stock has tumbled 62.0% over the past 12 months, while the SPDR S&P Retail ETF has lost 15.4% and the Dow Jones Industrial Average has gained 7.3%.
Interim President and CEO of Chico's Fas Inc (NYSE:CHS) Bonnie R. Brooks bought 28,700 shares of CHS on 06/14/2019 at an average price of $3.49 a share.
Investors need to pay close attention to Chico's FAS (CHS) stock based on the movements in the options market lately.
Chico's FAS, Inc. (NYSE: CHS ) reported disappointing first-quarter comps due to softness at its White House Black Market division and lowered its full-year guidance. Ongoing issues at WHBM cast doubt ...
Chico's FAS earnings for the first quarter of 2019 have CHS stock soaring higher on Tuesday.Source: Adam Fagen via Flickr (Modified)Chico's FAS (NYSE:CHS) starts off its earnings report for the first quarter of the year with earnings per share of 5 cents. This is down from the company's earnings per share of 23 cents from the same time last year. However, it was a boon to CHS stock by beating out Wall Street's earnings per share estimate of 3 cents for the quarter.Net income reported by Chico's FAS for the first quarter of 2019 comes in at $2.03 million. This is a drop from the company's net income of $29.00 million reported in the first quarter of 2018.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe Chico's FAS earnings report for the first quarter of the year also includes operating income of $5.42 million. That's a decrease from the clothing company's operating income of $40.45 million reported during the same period of the year prior.Chico's FAS earnings for the first quarter of 2019 have revenue coming in at $517.73 million. This is lower than the company's revenue of $561.82 million reported during the first quarter of the previous year. It also misses analysts' revenue estimate of $518.30 million for the period, but that wasn't keeping CHS stock down today. * 7 Dark Horse Stocks Winning the Race in 2019 The most recent Chico's FAS earnings report also includes its outlook for 2019. The company says that it is expecting revenue for the year to be down in the low-to mid-single digit range from the same time last year.CHS stock was up 15% as of Tuesday morning. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Dark Horse Stocks Winning the Race in 2019 * 6 Chinese Stocks to Sell That Are Suffering From a Digital Ad Slowdown * 4 Technology Stocks Blasting Higher As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Chico's FAS Earnings: CHS Stock Soars on Q1 Beat appeared first on InvestorPlace.
bounced back from a premarket fall Tuesday, after the women's apparel retailer beat Wall Street's first-quarter earnings and revenue expectations. Sales fell 7.8% to $517.7 million but were ahead of Wall Street's call for $517.6 million. For the second quarter, Chico's said it expects a mid-single digit decline in total net sales and consolidated comparable sales due to expected softer sales in its White House Black Market brand.
Chico's (CHS) delivered earnings and revenue surprises of 66.67% and 0.37%, respectively, for the quarter ended April 2019. Do the numbers hold clues to what lies ahead for the stock?
Shares of Chico's FAS Inc. slumped 6.2% toward a 10 1/2-year low in premarket trade Tuesday, after the women's apparel retailer reported fiscal first-quarter profit and net sales that topped expectations, but missed on same-store sales and lowered its full-year guidance. Net income for the quarter to May 4 fell to $2.03 million, or 2 cents a share, from $29.0 million, or 23 cents a share, in the year-ago period. Excluding non-recurring items, adjusted earnings per share came to 5 cents, above the FactSet consensus of 3 cents. Net sales fell 7.8% to $517.7 million, just above the FactSet consensus of $517.6 million, while the 7.0% decline in same-store sales missed expectations of a 6.5% decline. Gross margin fell to 36.9% of net sales from 40.4%. For fiscal 2019, the company cut its outlook for net sales and same-store sales to a decline in the "low-to-mid-single-digit" percentage range from a "low-single-digit" decline, and lowered its gross margin as a percent of sales guidance to be down 50 to 100 basis points (0.50 to 1.00 percentage points) from flat to down 50 basis points. The stock, on track to open at the lowest price seen during regular session hours since December 2008, has lost 33% over the past three months, while the SPDR S&P Retail ETF has fallen 8.2% and the S&P 500 has gained 3.7%.
First quarter GAAP EPS of $0.02 per diluted share; Adjusted EPS of $0.05 per diluted share FORT MYERS, Fla. , June 11, 2019 /PRNewswire/ -- Chico's FAS, Inc. (NYSE: CHS) (the "Company") today ...
NEW YORK, NY / ACCESSWIRE / June 11, 2019 / Chico's FAS, Inc. (NYSE: CHS ) will be discussing their earnings results in their 2019 First Quarter Earnings to be held on June 11, 2019 at 8:00 AM Eastern ...
Chico's FAS (NYSE: CHS ) announces its next round of earnings this Tuesday, June 11. Here is Benzinga's everything-that-matters guide for this Tuesday's Q1 earnings announcement. Earnings and Revenue Sell-side ...
A visit to a Chico's store with my wife was meant to provide me with some comfort that the brand was still relevant, and perhaps some anecdotal evidence that recent negative same-store sales trends might reverse. After the column ran in RealMoney in December, I received an email from Chico's public relations department concerning the company's efforts and commitments toward appealing to their demographic.
Chico's (CHS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Chico's FAS Dedicates New Neighborhood and its 50th and 51st Sponsored Habitat Homes at Special Ceremony Today FORT MYERS, Fla. , May 21, 2019 /PRNewswire/ -- Chico's FAS, Inc. (NYSE: CHS) and Habitat ...
FORT MYERS, Fla. , May 21, 2019 /PRNewswire/ -- Women's specialty retailer Chico's FAS, Inc. (NYSE: CHS) (the "Company") will host a conference call with security analysts on Tuesday, June 11, ...
Women's apparel retailer Chico's FAS Inc said on Thursday it had rejected private equity firm Sycamore Partners LP's offer to take the company private in a deal valued at $407.8 million. The company said Sycamore's offer of $3.50 per share substantially undervalued the retailer, known for its Soma brand of women's intimate apparel. Chico's had earlier said it had rejected a higher $4.30 per share offer from Sycamore, which owns a 6.6% stake in the company.