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Chico's FAS Inc (CHS.N)

CHS.N on New York Stock Exchange

5.69USD
14 Dec 2018
Change (% chg)

$0.23 (+4.21%)
Prev Close
$5.46
Open
$5.46
Day's High
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Day's Low
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Volume
1,031,913
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$10.90
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$4.42

Latest Key Developments (Source: Significant Developments)

Chico's FasInc Q4 Earnings Per Share $0.22
Wednesday, 28 Feb 2018 07:30am EST 

Feb 28 (Reuters) - Chico's Fas Inc ::CHICO'S FAS, INC. REPORTS FOURTH QUARTER AND FISCAL YEAR 2017 RESULTS.Q4 EARNINGS PER SHARE $0.22.Q4 SALES $587.8 MILLION VERSUS $600.8 MILLION.RESULTS FOR Q4 INCLUDE FAVORABLE IMPACT OF TAX CUTS AND JOBS ACT OF 2017 OF ABOUT $10 MILLION AFTER-TAX.QTRLY ‍ TOTAL COMPANY COMPARABLE SALES DOWN 5.2 PERCENT​.AT END OF FOURTH QUARTER, INVENTORIES TOTALED $233.7 MILLION COMPARED TO $232.4 MILLION AT THE END OF THE FOURTH QUARTER LAST YEAR.QTRLY ‍GROSS MARGIN WAS $221.6 MILLION, OR 37.7% OF NET SALES, COMPARED TO $213.4 MILLION, OR 35.5% OF NET SALES​.FOR FISCAL 2018, COMPANY IS ANTICIPATING A LOW SINGLE-DIGIT DECLINE IN CONSOLIDATED COMPARABLE SALES.‍Q4 EPS OF $0.22, INCLUDING $0.08 BENEFIT FROM U.S. TAX REFORM​.ANTICIPATES 2018 CAPITAL EXPENDITURES TO BE $70 MILLION TO $80 MILLION.Q4 REVENUE VIEW $579.7 MILLION -- THOMSON REUTERS I/B/E/S.Q4 EARNINGS PER SHARE VIEW $0.09 -- THOMSON REUTERS I/B/E/S.FOR 2018, EXPECTS GROSS MARGIN EXPANSION IN THE RANGE OF 125 TO 150 BASIS POINTS OVER FISCAL 2017.  Full Article

Chico's FAS Inc Updates Fourth Quarter Outlook
Monday, 8 Jan 2018 07:15am EST 

Jan 8 (Reuters) - Chico's Fas Inc ::CHICO'S FAS INC - ANTICIPATES Q4 TOTAL COMPARABLE SALES IN NEGATIVE 5% TO NEGATIVE 7% RANGE.CHICO'S FAS INC - CONTINUES TO EXPECT Q4 GROSS MARGIN RATE TO BE APPROXIMATELY FLAT TO UP SLIGHTLY, IN LINE WITH ITS PREVIOUS OUTLOOK.CHICO'S FAS INC- CONTINUES TO EXPECT Q4 GROSS MARGIN RATE TO BE APPROXIMATELY FLAT TO UP SLIGHTLY.CHICO'S FAS INC - COMPANY ANTICIPATES THAT FISCAL 2018 EFFECTIVE TAX RATE WILL BE IN RANGE OF 26% TO 28%.CHICO'S FAS, INC. UPDATES FOURTH QUARTER OUTLOOK, COMMENTS ON EXPECTED IMPACT FROM TAX REFORM AND ANNOUNCES PARTICIPATION IN THE 2018 ICR CONFERENCE.  Full Article

Chico's FAS Inc Q3 earnings per share $0.13
Tuesday, 21 Nov 2017 07:30am EST 

Nov 21 (Reuters) - Chico's FAS Inc :Chico's FAS Inc Reports third quarter results.Q3 earnings per share $0.13.Q3 sales $532.3 million versus I/B/E/S view $535.3 million.Q3 earnings per share view $0.13 -- Thomson Reuters I/B/E/S.Q3 results include unfavorable impact of hurricanes Harvey, Irma and Maria of about $5.0 million after-tax, or $0.04 per diluted share​.For Q3, gross margin was $196.7 million, or 37.0% of net sales, compared to $230.3 million, or 38.6% of net sales, in last year's Q3​.At end of Q3 of 2017, inventories totaled $265.0 million compared to $261.3 million at end of Q3 last year​.In Q3, co was impacted by hurricanes, resulting in reduced operating hours or temporary closure of more than 300 stores.For Q4 of 2017, company expects comparable sales to be down high single-digits​.In quarter, impact to income from operations due to lower net sales, impairment charges, other incremental hurricane related expenses about $10 million​.Company anticipates Q4 gross margin rate to be approximately flat to up slightly compared to last year​.Qtrly ‍total company comparable sales down 8.2 percent​.  Full Article

Chico's FAS Q2 earnings per share $0.18
Wednesday, 30 Aug 2017 07:30am EDT 

Aug 30 (Reuters) - Chico's Fas Inc :Chico's FAS Inc reports second quarter results.Q2 earnings per share $0.18.Q2 sales $578.6 million versus I/B/E/S view $578.6 million.Q2 earnings per share view $0.20 -- Thomson Reuters I/B/E/S.Chico's FAS Inc- ‍at end of Q2 of 2017, inventories totaled $235.2 million compared to $235.6 million in same period last year​.Chico's FAS Inc - qtrly total company comparable sales down 8.4 percent.Chico's FAS Inc qtrly gross margin was $209.1 million, or 36.1%.Says ‍for fiscal 2017, company anticipates comparable sales to be down high single-digits​.Chico's FAS Inc - net sales for 53rd week are expected to be about $30 million.  Full Article

Chico's FAS Inc declares cash dividend of $0.0825/shr
Thursday, 22 Jun 2017 04:30pm EDT 

June 22 (Reuters) - Chico's FAS Inc :Chico's FAS Inc declares cash dividend of $0.0825 per share.Chico's FAS Inc - quarterly cash dividend is a 3.1% increase over dividend rate from September 2016.  Full Article

Chico’s FAS partners with First Insight
Thursday, 22 Jun 2017 09:13am EDT 

June 22 (Reuters) - Chico's Fas Inc :First insight inc says co and chico's fas inc announced a partnership agreement.  Full Article

Chico's Fas Q1 earnings per share $0.26
Wednesday, 24 May 2017 07:30am EDT 

May 24 (Reuters) - Chico's Fas Inc ::Chico's Fas Inc reports first quarter results.Q1 earnings per share $0.26.Q1 sales $583.7 million versus I/B/E/S view $624.7 million.Q1 earnings per share view $0.29 -- Thomson Reuters I/B/E/S.Chico's Fas Inc - for Q1, gross margin was $237.4 million, or 40.7% of net sales, compared to $262.3 million, or 40.8% of net sales, in last year's Q1.Chico's Fas Inc - for fiscal 2017, company anticipates a mid single-digit percentage decline in comparable sales.Chico's Fas -capital expenditures are expected to be $60 million to $70 million for year.Chico's Fas Inc - qtrly total company comparable sales down 8.7 percent.Chico's Fas Inc - at end of Q1 of 2017, inventories totaled $273.9 million compared to $268.0 million in same period last year.Chico's Fas - for fiscal 2017, expects gross margin as a percent of net sales to be flat to up to a 30 basis point increase for year, with approximately flat SG&A leverage.Chico's Fas Inc - capital expenditures are expected to be $60 million to $70 million for year.Chico's Fas - on-hand inventory in each quarter is expected to be down compared to last year, as company continues to actively manage inventory in 2017.  Full Article

Chico's FAS Inc. declares cash dividend of $0.0825/shr
Friday, 7 Apr 2017 07:29am EDT 

Chico's Fas Inc :Chico's FAS, Inc. declares cash dividend of $0.0825 per share.  Full Article

Chico's Fas expects to open about 10 stores while closing 50 stores
Tuesday, 7 Mar 2017 04:41pm EST 

Chico's Fas Inc : Chico's Fas - in fiscal 2017, co anticipates opening about 10 stores while closing 50 stores in its efforts to continue capital allocation and cost reduction initiatives . Chico's Fas - in fiscal 2017, co anticipates 14-18 net closures of Chico's stores, 14-18 net closures of WHBM stores, and 6-10 net closures of Soma Stores .Chico's Fas - co's unaffiliated franchisee expects to continue opening franchise locations in Mexico.  Full Article

Chico's FAS Q4 earnings per share $0.10
Wednesday, 22 Feb 2017 07:30am EST 

Chico's FAS Inc : Chico's FAS Inc reports fourth quarter and fiscal year 2016 results . Q4 sales $600.8 million versus I/B/E/S view $594.8 million . Q4 earnings per share $0.10 . Q4 earnings per share view $0.04 -- Thomson Reuters I/B/E/S . Chico's FAS Inc - for Q4, gross margin was $213.4 million, or 35.5 pct, compared to $217.4 million, or 34.4 pct, in last year's Q4 . Chico's FAS Inc - at end of Q4 of 2016, inventories totaled $232.4 million compared to $233.8 million last year . Chico's FAS Inc - for fiscal 2017, company is anticipating a low single-digit percentage decline in comparable sales . Chico's FAS Inc - qtrly decline in comparable sales of 2.5 pct . Chico's - overall co anticipating steady improvement in operating margin that will advance progress toward target of double digit operating margin in 2019 .Chico's FAS-expects to achieve gross margin leverage for 2017, due to reduced promotional activity, savings from supply chain initiative launched last year.  Full Article