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Chico's reports same-store sales drop

NEW YORK (MarketWatch) - Chico's FAS Inc said Thursday that its July sales at stores open at least one year fell 18.5%. Analysts, on average, had expected same-store sales to fall 12.6% according to Thomson Reuters. Net sales for the four weeks ended Aug. 2 fell 7.3% to $112.5 million. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com...

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Daily Stock Wrap

The Dow Jones Industrial Average climbed 40 points, or 0.4 percent, on Wednesday, but retail stocks were unable to keep pace. The Standard & Poor’s Retail Index dropped 0.5 percent to 367.48 on the day before retailers are to report same-store sales results for July. The Talbots, Chico’s FAS and Charming Shoppes were down 3.9, 2 and 1.4 percent on the day, respectively, while another missy retailer,...

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Chico's FAS, Inc. Announces New VP of Investor Relations

FORT MYERS, Fla., July 28 /PRNewswire-FirstCall/ -- Chico's FAS, Inc. (NYSE: ) today announced that Robert C. Atkinson will join the Company as Vice President of Investor Relations effective July 28th. Bob will replace Michael Smith who is leaving the business to pursue other opportunities. (Logo: ) Mr. Atkinson joins the Company as Vice President Investor Relations. Bob has extensive experience...

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Chico's June same-store sales drop 13%

NEW YORK (MarketWatch) - Women's clothing retailer Chico's FAS Inc. said Wednesday that its June sales at stores open at least a year dropped 13% for the five weeks ended July 5. Total sales in the period fell 5.1% to $151.4 million. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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US: Chico's to improve merchandise as part of growth plans

Women's wear retailer Chico's FAS Inc has outlined a number of ways it intends to boost its future profits, including plans to improve the fit, fabric and quality of its garments, and slowing its real estate growth.

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Shareholders Deliver Stark Rebuke to Chico's FAS Board

Director John Burden Receives One of the Highest Protest Votes Among All Directors in US This Year NEW YORK, June 27 /PRNewswire/ -- Spotlight Capital Management, LLC, an investment management firm focused on enhancing the long-term value of underperforming public companies, announced that shareowners of Chico's FAS (NYSE: ) delivered a resounding rebuke of the Chico's Board of Directors at the...

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Investors Withhold Votes at Chico's Meeting

Dissatisfied with the leadership of Chico's FAS, some institutional investors withheld their votes Thursday for a key board member at the company's annual meeting.

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Chico's FAS Launches New Web Stores Powered by ATG's Commerce Suite

CAMBRIDGE, Mass.--(BUSINESS WIRE)--ATG (Art Technology Group, Inc., NASDAQ: ARTG), the premier provider of e-commerce software and

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Chico's Upgraded Despite Static Forecast

Chico's FAS Inc. was upgraded by Citigroup on Monday to "hold" from "sell," even though the investment bank does not foresee the stock moving in either direction and expectations are already low due to weak fundamentals.

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Chico's same-store sales down 16.9% in May

NEW YORK (MarketWatch) -- Chico's FAS, Inc. said Thursday its May sales at stores open at least one year fell 16.9%. Analysts, on average, had expected the same-store sales to fall 14.7%, according to Thomson Reuters. Total sales for the four weeks ended June 2 fell 8.8% to $141 million. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com...

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Profits Plummet at Chico’s

First-quarter net sales for women’s apparel cataloger/retailer Chico’s FAS decreased 9.6%, to $409.6 million. Catalog and Web sales for the 13 weeks ended May 3 slipped 3% to $16.0 million, down from $16.5 million in the first quarter last year. Worse yet: Net income plunged 73%, to $12.7 million, from $47.2 million last year.

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Analyst Actions: Evergreen Solar, SunPower, Chico's FAS, Expedia

Yesterday, Chico's FAS () posted $0.07, vs. $0.27 a year ago, first quarter EPS. Citigroup analyst Kimberly Greenberger says while she applauds management's new focus on leaner inventory and cost controls, the stock has run well above her 7 price target, leaving it vulnerable in the absence of near-term fundamental improvement (notes she estimates second quarter same-store sales to fall 13%).

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Chico’s FAS, Inc. F1Q08 (Qtr End 05/03/08) Earnings Call Transcript

Chico’s FAS, Inc. (CHS) F1Q08 Earnings Call Complete Story »

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US: Lower sales push Chico's to 73% fall in Q1 profit

Women's wear retailer Chico's FAS Inc today (28 May) posted a 73% drop in first quarter profit on higher costs and lower sales at its namesake stores.

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Chico's FAS April same-store sales fall 15.5%

NEW YORK (MarketWatch) -- Chico's FAS Inc. said Thursday its April sales at stores open at least one year fell 15.5%. Analysts, on average, had expected same-store sales to fall 12%, according to Thomson Reuters. Sales for the four weeks ended May 3 fell 4.5% to $142 million. The retailer said it believes the Easter holiday shift helped April same-store sales by about 2% to 2.5%. Market Pulse Stories...