Chico’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...
View ArticleChico’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 Heads to the Great White North
New York—Canada has suddenly become a retail hot spot. What with stores such as Target, Saks Fifth Avenue, Nordstrom, Off5th etc. opening or planning to open stores there in the next few years. Opening...
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 ArticleChico’s FAS Names Walmart Executive Shelley Broader as New CEO
Fort Myers, FL—A top Walmart executive will soon be chief executive at Chico’s FAS. The women’s specialty retailer said Wednesday that Shelley Broader, who has more than 25 years of experience at...
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...
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