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Chico's FAS Inc (CHS.N)

CHS.N on New York Stock Exchange

9.07USD
11 Dec 2017
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Latest Key Developments (Source: Significant Developments)

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 Inc declares cash dividend of $0.08/share
Friday, 17 Jun 2016 

Chico's Fas Inc :Chico's FAS Inc declares cash dividend of $0.08 per share.  Full Article

Barington Capital Group urges Chico's Fas' shareholders to vote for its two nominees
Tuesday, 7 Jun 2016 

Chico's Fas Inc :Barington Capital Group Lp urges Chico's Fas' shareholders to vote for its two nominees Janet Grove and James Mitarotonda - SEC filing.  Full Article

Chico's FAS urges shareholders to vote "for" its director nominees
Monday, 6 Jun 2016 

Chico's FAS Inc : Chico's FAS Inc files definitive proxy materials and mails letter to shareholders .Urges shareholders to vote "for" each of Chico's Fas' director nominees.  Full Article

Chico's FAS reports Q1 adj. earnings per share $0.25
Thursday, 26 May 2016 

Chico's Fas Inc : Chico's FAS Inc reports first quarter results . Q1 non-GAAP earnings per share $0.25 . Q1 earnings per share $0.23 . Q1 sales $643 million versus I/B/E/S view $667.9 million . Q1 earnings per share view $0.31 -- Thomson Reuters I/B/E/S . 4.2 pct decrease in comparable sales for Q1 . Announced new initiatives to improve its supply chain, enhance its marketing efforts and leverage non-merchandise procurement . New initiatives are expected to reduce complexity and standardize processes across organization . New initiatives are expected to generate about $50 million to $70 million in annualized savings . New cost cutting actions are in addition to previously announced realignment of company's marketing and digital commerce functions . For Q1, gross margin was $262.3 million , or 40.8 pct, compared to $295.6 million , or 42.4 pct . For Q1, company recorded pre-tax restructuring and strategic charges of $3.7 million . At end of Q1 of 2016, inventories totaled $268.0 million compared to $270.3 million last year . Combined, marketing realignment and new initiatives are estimated to generate $65 million to $85 million in annual savings .Anticipates generating $15 million of these costs savings in fiscal 2016, and expects initiatives to be fully implemented during 2017.  Full Article

Chico's FAS Inc declares cash dividend of $0.08 per share
Thursday, 25 Feb 2016 

Chico's FAS Inc:Board of Directors declared a quarterly cash dividend of $0.08 per share of its common stock.Dividend is payable on March 28 to Chico's FAS shareholders of record date as on March 14.  Full Article

BRIEF-Chico's FAS Inc Q3 earnings per share $0.13

* Q3 earnings per share view $0.13 -- Thomson Reuters I/B/E/S