Chico’s Q2 Beats Expectations
Fort Myers, FL—Shares of Chico’s FAS hit a 52-week high today after the women’s specialty retailer posted stronger than expected second quarter earnings and sales increases. For the quarter ended July...
View ArticleChico’s Q4 Profit Up 26% on Strong Sales
Fort Myers, FL—Bolstered by strong sales across all its retail brands, Chico’s FAS reported Thursday that its fourth quarter profit surged 26%, the specialty retailer’s highest fourth quarter results...
View ArticleWeather, Margins Chill Chico’s Q1 Profit, Comp Sales
Fort Myers, FL—Chico’s FAS, Inc. today reported its first quarter profit fell 4.7% as comp store sales were flat and gross margin decreased. For the quarter ended May 4, the women’s specialty retailer...
View ArticleChico’s Q2 Profit, Sales Hit by Promotions, Lower Traffic
Fort Myers, FL—Increased promotions and lower traffic ate into Chico’s FAS Inc.’s second quarter profit, which was down 18%, missing analysts’ estimates. “Traffic was our issue in the first quarter due...
View ArticleChico’s Expands White House|Black Market into Canada
Fort Myers, FL—Chico’s FAS Inc is expanding its White House Black Market’s (WH|BM) chain internationally for the first time, with a store opening in Canada later this month and other locations set to...
View ArticleChico’s Swings into Q3 Loss on Boston Proper Charges
Fort Myers, FL—Chico’s FAS said today that it swung into a third quarter loss due to a substantial write-down stemming from sales declines at its Boston Proper stores. For the quarter ended Nov. 2, the...
View ArticleChico’s Swings into Q4 Loss on Lower Sales
Fort Myers, FL—Chico’s FAS Inc. today reported a swing into a fourth quarter loss as sales declined, promotional costs increased and traffic was down. For the quarter ended Feb. 1, the women’s...
View ArticleChico’s Gives Back to Local Children During “May is For Miracles” Campaign
New York—Chico’s FAS, Inc., and its family of brands, including Chico’s, White House Black Market, Soma, and Boston Proper, announce the launch of its fourth “May is For Miracles” campaign, a...
View ArticleChico’s FAS Q2 Profit Misses Estimates
Fort Myers, FL—Chico’s FAS Inc. reported today a lower second quarter profit due to increased store expenses and costs to support new store growth. For the quarter ended August 2, Chico’s posted net...
View ArticleChico’s Swings into Q3 Profit But Revenues Miss
Fort Myers, FL–Chico’s FAS Inc. today reported a turnaround into third quarter profit after its year-ago quarter’s results were impacted by one-time charges. Earnings per share for the latest quarter...
View ArticleSycamore Partners to Buy Chico’s FAS?
New York and Fort Meyers, FL—Sycamore Partners, the private equity firm, is purportedly in advanced talks to add Chico’s FAS to its fashion array that already includes Talbots, Jones New York, Hot...
View ArticleChico’s to Close 120 Stores; Takeover Plans Abandoned
Fort Myers, FL—Chico’s FAS said today it plans to shutter 120 stores by 2017, and slow down opening new stores. The women’s specialty retailer reported its fourth quarter loss widened as Sycamore...
View Article“Terrible” September Crushes Chico’s Q3 Earnings, Sales
Fort Myers, FL–Chico’s FAS Inc., reported Tuesday worse-than-expected third quarter evenue and earnings as the number of transaction fell, particulary during both transaction count and average price...
View ArticleChico’s FAS More Than Doubles Q2 Profit
Fort Meyers, FL–Chico’s FAS Inc. has more than doubled its second quarter profit, boosted by higher sales and margins at its White House| Black Market stores. The company reported last week a profit of...
View ArticleLimited Brands, Chico’s Q3 Profits Increase
Tight inventory controls, improved gross margins and higher sales helped specialty retailers Limited Brands and Chico’s post third quarter profit rises. Limited Brands’ Q3 Profits Increase, Declares...
View ArticleExecutive Changes at Coach, Timex, White House|Black Market
Coach CFO to Retire New York–Coach announced that Michael F Devine III will retire as chief financial officer after nearly ten years with the company. Devine is expected to stay with Coach until August...
View ArticleQ1 Profits Up: Abercrombie & Fitch, Chico’s, BJ’S Wholesale Club
Abercrombie & Fitch Q1 Profits Exceed Forecast On Improved Margins, International Business New Albany, OH–Abercrombie & Fitch reported better-than-expected first-quarter results aided by...
View ArticleChico’s Buys Boston Proper, Posts 47% Rise in Q2 Profit
Fort Myers, FL–Chico’s FAS announced today that it agreed to buy privately-held Boston Proper for $205 million in cash as it posted a 47% rise in its second quarter income. Chico’s executives said...
View ArticleMarkdowns, Margins Squeeze into Chico’s Q3 Profit
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...
View ArticleChico’s Q4 Profit, Sales Beat Estimates
Fort Myers, FL—Chico’s FAS reported today that its fourth quarter profit and sales beat forecasts, due primarily to a strong sales at its higher margin Soma and White House|Black Market stores. For the...
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