|Bid||5.50 x 2200|
|Ask||5.51 x 3100|
|Day's Range||5.34 - 5.55|
|52 Week Range||4.42 - 10.90|
|Beta (3Y Monthly)||0.62|
|PE Ratio (TTM)||8.75|
|Earnings Date||Mar 6, 2019|
|Forward Dividend & Yield||0.34 (6.17%)|
|1y Target Est||5.39|
FORT MYERS, Fla., Feb. 20, 2019 /PRNewswire/ -- Chico's, the leading women's retailer and namesake brand of Chico's FAS, Inc. (CHS), today announced the launch of multiple new apparel offerings using fabric innovations and solutions that build on the brand's heritage of combining style with exceptional function, giving women even more reason to love the clothes they're in. No Stain, No-Iron shirts powered by Stain Shield™ technology are now available in seven colors and prints in boutiques and online at Chicos.com. Styled like Chico's bestselling no-iron collection of classic button-up shirts, the no-stain, no-iron shirt repels a variety of everyday substances such as cola, salad dressing, ketchup, coffee and even red wine.
FORT MYERS, Fla., Feb. 19, 2019 /PRNewswire/ -- Chico's FAS, Inc. (CHS) (the "Company") announced today that Kim Roy, most recently Group President of Ralph Lauren Corporation, has been appointed to the Company's Board of Directors as a new independent director. With Ms. Roy's addition, the Company's Board now comprises nine directors, eight of whom are independent and five of whom are women.
FORT MYERS, Fla. , Feb. 11, 2019 /PRNewswire/ -- Women's specialty retailer Chico's FAS, Inc. (NYSE: CHS) (the "Company") will host a conference call with security analysts on Wednesday, March ...
The rough end to 2018 put analysts on their toes as they looked ahead toward 2019. Some experts suggested that with U.S. GDP growth projected to slow, investors should rotate into more defensive sectors such as consumer staples and healthcare. However, others said the markets would surprise the pessimists with a robust recovery."Based on fundamentals, I don't think the pullback we had in this market was ever justified. Markets will do what they'll do. I think you have significant upside here," Jonathan Golub, chief U.S. equities strategist at Credit Suisse, told CNBC on Dec. 31. "Therefore, we would think that the bottom has been put in this market."If you lean toward 2019 being a bounce-back year, consumer stocks are an excellent choice to ride the wave.One metric that drives the share prices of consumer stocks is the strength of the job market. If Americans are employed and their wages are growing, that will help consumer spending. Well, the U.S. has trounced expectations in two nonfarm payrolls reports announced this year (December and January), which should go a long way toward strengthening consumer spending trends.Here are 10 of the best consumer stocks to buy for 2019. Some of these stocks are more defensive in nature - better suited for a volatile year. A few others are more aggressive and could ride a bullish wave better than most. SEE ALSO: 57 Dividend Stocks You Can Count On in 2019
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Chico's FAS, Inc. announced the company plans to close at least 250 U.S. retail stores over the next three years as part of a strategy to rebalance the mix between its physical store presence and its digital network. The Fort Myers, Florida-based company’s brands include women’s clothing store Chico’s, intimates retailer Soma, and fashion boutique White House Black Market. The company said the timeframe will allow Chico’s FAs to take advantage of lease expirations and that closings will be weighted in the second and third years.
Chico's store closings will have the company shutting down 250 locations. Source: Adam Fagen via Flickr (Modified) The reason for the Chico's (NYSE:CHS) store closings has to do with the company's retail fleet optimization plan. The plan is for the company to continue to keep its current customer base while moving on to new platforms. This includes partnerships with ShopRunner, Amazon (NASDAQ:AMZN) and QVC. The Chico's store closings is the result of the company looking to put a greater focus on online sales and reducing its physical store count to compensate for this. As such, the company will close down 250 stores over the next three years. InvestorPlace - Stock Market News, Stock Advice & Trading Tips According to the company, the Chico's store closings taking place over the next three years will allow it to best utilize lease expiration cadence. It will also still let it improve on profitability and return on invested capital. The Chico's store closings wasn't the only news that the company had to announce today. It also provides an update to its outlook for its fiscal fourth quarter of 2018. The company says it is now expecting net sales for the quarter to be down in the low double digits. The previous guidance was for net sales to be down in the mid-teens during the quarter. * 7 Stocks at Risk of the Global Smartphone Slowdown Chico's also gives a date for its fiscal fourth quarter of 2018 earnings report. The company says it will be providing results for the quarter, as well as the fiscal year, on March 6, 2019. CHS stock was up 6% as of noon Friday. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks You Can Set and Forget (Even In This Market) * 10 Virtual Assistants for the Future of Smart Homes * 7 5G Stocks to Buy as the Race for Spectrum Tightens As of this writing, William White did not hold a position in any of the aforementioned securities. Compare Brokers The post Chico's Store Closings: 250 Locations to Shut Their Doors appeared first on InvestorPlace.
were rising Friday after the company said it would close 250 stores over the next three years and focus on its digital operations. The stock was rising 1.85% to $6.04 a share in premarket trading, after declining 7.63% Thursday. Chico's said in a statement it was revamping its strategy and planned to partner with Amazon.com Inc.
Chico's FAS Inc. shares rose 1.9% in premarket trade Friday, after the company announced an overhaul of its operations with the aim of improving its online offering and customer service. The retailer said it has invested in technology and tools to improve its omnichannel capabilities and is reviewing its operations to find cost savings and efficiency improvements. The company will close 250 stores in the U.S. over the next three years as it expands its digital network, taking advantage of expiring leases. Chico's is also updating its fourth-quarter guidance and said sales and same-store sales were trending better than its previous outlook. It is now expecting sales to be down in the low double-digits, compared with a prior expectation of a mid-teens decline. Fourth-quarter gross margins are expected to decline by about 500 basis points compared with 2017, compared with a previous expectations for a decline of 400 to 500 basis points. Shares have fallen 56% in the last 12 months, while the S&P 500 has fallen 6%.
Chico's FAS, Inc. (CHS) (the "Company") today announced strategic initiatives to build on the Company's omnichannel platform and ensure that Chico's FAS has the agility, customer service and speed needed for long-term success in a competitive retail environment. Shelley Broader, the Company's CEO and President, said, "Our focus is on implementing those initiatives that drive the greatest levels of growth and profitability of our business.
FORT MYERS, Fla., Jan. 7, 2019 /PRNewswire/ -- Chico's FAS' (CHS) intimate apparel brand, Soma®, is reshaping the bra fit experience with the launch of SOMAINNOFIT™. Through a proprietary app supported by patented measurement technology from Like A Glove, the SOMAINNOFIT bra offers an easy, no guess solution that helps women find a best-fit bra without the need of a measuring tape or fit quiz. "SOMAINNOFIT continues the legacy of Soma's mission to break new ground with innovative styles and powerful solutions for women that focus on fit and uncompromising comfort," said Mary van Praag, President, Soma.
With the third-quarter round of 13F filings behind us it is time to take a look at the stocks in which some of the best money managers in the world preferred to invest or sell heading into the fourth quarter. One of these stocks was Chico’s FAS, Inc. (NYSE:CHS). Chico’s FAS, Inc. (NYSE:CHS) investors should […]
Chico's FAS (CHS) has witnessed a significant price decline in the past four weeks, and is seeing negative earnings estimate revisions as well.
The capabilities, which are being implemented in partnership with Salesfloor, are expected to enable a highly personalized shopping experience and superior service levels, whether online or in-store.
On Saturday, I happened to be outlet shopping with my favorite shopper (my wife), when we happened to walk by a Chico's store. Despite being within the store's target demographic, I had to drag her inside.
Once-hot Chico's shares plummeted by almost 40% on another ugly quarterly report. Meanwhile, even Burlington fans would probably be stunned at its consistently growing profitability.
It's that time again! "Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed. Yeti Holdings Inc. YETI : "Yeah, I think [its post-earnings dip is a buying opportunity].
Chico’s earnings for the period were below the Wall Street consensus estimate of 8 cents per share, according to analysts who were surveyed by FactSet. Chico’s added that its same-store sales suffered a 6.8% decline year-over-year due to a drop in transaction count and average dollar sales, while the Wall Street consensus outlook called for a decline of 1.4% on the same-store sales front, per FactSet. CHS stock is plummeting more than 38.3% on Wednesday as the company’s quarterly earnings results were well below what the Wall Street consensus estimate called for.