|Bid||3.3800 x 21500|
|Ask||3.3900 x 800|
|Day's Range||3.3500 - 3.5600|
|52 Week Range||3.2400 - 10.4400|
|Beta (3Y Monthly)||0.47|
|PE Ratio (TTM)||51.85|
|Earnings Date||Aug 27, 2019 - Sep 3, 2019|
|Forward Dividend & Yield||0.35 (10.39%)|
|1y Target Est||4.83|
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.
FORT MYERS, Fla., May 16, 2019 /PRNewswire/ -- Chico's FAS, Inc. (CHS) (the "Company") today announced that its Board of Directors (the "Board") has unanimously rejected the unsolicited proposal received from Sycamore Partners on May 10, 2019 to acquire the Company for $3.50 per share in cash. After reviewing the proposal in consultation with its independent financial and legal advisors, the Chico's FAS Board determined that Sycamore's proposal substantially undervalues Chico's FAS and is not in the best interests of Chico's FAS shareholders.
A Friday filing from Chico's Fas Inc. includes a bid from Sycamore Partners to acquire all outstanding shares of the clothing and accessories retailer for $3.50 per share. Sycamore Partners currently owns a 6.6% stake in Chico's, which has a market cap of $431.0 million. Chico's shares closed Thursday at $3.70 per share. "We believe that engaging with us so we can perform our due diligence has the benefit of creating alternatives for the company's stockholders," Sycamore said in its letter. "Given the rate and severity of the deterioration of the company's business, we believe that it is in the best interests of all stockholders for the board to create those options." Chico's shares have sunk more than 57% over the past year while the SPDR S&P Retail ETF has gained 4.6% and the S&P 500 index is up 5.6%. In January, Chico's announced that it was closing 250 stores and guided for a fourth-quarter sales decline. Sycamore said it can finance the entirety of the deal without third-party financing and complete the transaction and due diligence within 60 days. Chico's confirmed receipt of the offer and says it will review it, noting that it has received an offer from Sycamore for $4.30 that was rejected as the board thought it undervalued the company. Chico's stock is up 10.3% in Friday trading.
FORT MYERS, Fla., May 10, 2019 /PRNewswire/ -- Chico's FAS, Inc. (CHS) (the "Company"), today confirmed that it has received an unsolicited proposal from Sycamore Partners ("Sycamore") to acquire the Company for $3.50 per share in cash. Consistent with its fiduciary duties and following consultation with its independent financial and legal advisors, the Chico's FAS Board of Directors (the "Board") will carefully review the proposal to determine the course of action that it believes is in the best interests of Chico's FAS shareholders. Chico's FAS shareholders do not need to take any action at this time.
Sycamore Partners LP said on Friday struggling women's apparel retailer Chico's FAS Inc has declined to engage with the private equity firm on its cash offer to buy the company for $407.8 million. In an SEC filing, Sycamore disclosed a 6.6% stake in the company, making it the fourth largest shareholder in Chico's. The private equity had offered about $3.50 per Chico's share, a discount of 5.4% to the company's Thursday close. Chico's FAS, which is known for its Soma brand of women's intimate apparels, operates more than 1,000 stores in the United States and Canada and also sells its merchandise online.
Honorees to be Inducted at The CIO 100 Symposium and Awards FORT MYERS, Fla. , May 7, 2019 /PRNewswire/ -- Chico's FAS, Inc. (NYSE: CHS) proudly announces Ann Joyce , EVP & Chief Customer Officer, Technology, ...