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Chico's FAS Inc (CHS.N)

CHS.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Chico's FAS Inc Declares Cash Dividend Of $0.0875 Per Share
Thursday, 28 Feb 2019 

Feb 28 (Reuters) - Chico's FAS Inc ::CHICO'S FAS, INC. DECLARES CASH DIVIDEND OF $0.0875 PER SHARE.  Full Article

Chico's FAS, Inc. Announces Appointment Of Kim Roy To Board
Tuesday, 19 Feb 2019 

Feb 19 (Reuters) - Chico's FAS Inc ::CHICO'S FAS, INC. ANNOUNCES APPOINTMENT OF KIM ROY TO BOARD OF DIRECTORS.CHICO'S FAS INC - CO BOARD NOW COMPRISES NINE DIRECTORS, EIGHT OF WHOM ARE INDEPENDENT AND FIVE OF WHOM ARE WOMEN. MS. ROY WILL SERVE ON AUDIT COMMITTEE.CHICO'S FAS INC - WIT KIM ROY'S ADDITION, COMPANY'S BOARD NOW COMPRISES NINE DIRECTORS, EIGHT OF WHOM ARE INDEPENDENT AND FIVE OF WHOM ARE WOMEN.  Full Article

Chico's Fas Sees Low Double-Digit Decline In Q4 Net Sales
Friday, 11 Jan 2019 

Jan 11 (Reuters) - Chico's FAS Inc ::CHICO'S FAS, INC. ANNOUNCES ACTIONS TO FURTHER ADVANCE OMNICHANNEL STRATEGY AND INCREASE OPERATING EFFECTIVENESS.CHICO'S FAS INC - LAUNCHES RETAIL FLEET OPTIMIZATION PLAN.CHICO'S FAS INC - INITIATES EXPANDED REVIEW OF OPERATIONS.CHICO'S FAS INC - UPDATES Q4 OUTLOOK.CHICO'S FAS INC - TO CLOSE AT LEAST 250 STORES IN U.S. OVER A THREE-YEAR PERIOD.CHICO'S FAS INC - ANTICIPATES A LOW DOUBLE-DIGIT DECLINE IN Q4 NET SALES COMPARED TO ITS PREVIOUS EXPECTATION FOR A MID-TEEN DECLINE.CHICO'S FAS INC - EXPECTS Q4 GROSS MARGIN RATE TO DECLINE ABOUT 500 BASIS POINTS VERSUS 2017.CHICO'S FAS INC - CLOSINGS OF AT LEAST 250 STORES IN U.S. OVER A 3-YEAR PERIOD WILL BE ACROSS THREE BRANDS AND WEIGHTED TO YEARS TWO AND THREE.CHICO'S FAS INC - BASED ON RESULTS TO DATE, TOTAL COMPANY Q4 NET SALES AND COMPARABLE SALES ARE TRENDING BETTER THAN ITS PREVIOUS OUTLOOK.CHICO'S FAS INC - SPECIFICALLY, BY BRAND, Q4 COMPARABLE SALES FOR CHICO'S ARE TRENDING IN LINE WITH EXPECTATIONS.CHICO'S FAS INC SEES MID-SINGLE DIGIT DECLINE IN Q4 CONSOLIDATED COMPARABLE SALES, VERSUS PREVIOUS OUTLOOK FOR HIGH SINGLE-DIGIT DECLINE.  Full Article

Chico's FasInc Q4 Earnings Per Share $0.22
Wednesday, 28 Feb 2018 

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 

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 

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 

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 

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 

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 

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

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Selling with the enemy: Why rival retailers embrace Amazon.com

MADRID/NEW YORK Chico's FAS Inc warned in January that it would shutter at least 250 stores across its namesake brand, along with its White House Black Market and Soma labels. | Video