Fort Myers,FL—Chico’s FAS reported today that its third quarter profit suffered as the specialty retailer saw its margins squeezed as markdown grew. For the quarter ended Oct 29,Chico’s said its net income declined 8.2% to $26.47 million, or 16 cents a share, compared to $28.84 million or 16 cents a ...
The post Markdowns, Margins Squeeze into Chico’s Q3 Profit appeared first on Accessories Magazine.