Chico's FAS to close 250 stores in U.S. over three-year period as part of digital expansion [MarketWatch]
Chico's FAS, Inc. (CHS)
Last chico's fas, inc. earnings: 2/27 07:02 am
Check Earnings Report
US:NYSE Investor Relations:
chicosfas.com/investor-relations/investor-overview/default.aspx
Company Research
Source: MarketWatch
Chico's FAS to close 250 stores in U.S. over three-year period as part of digital expansion Chico's FAS Inc. shares CHS, +4.34% rose 1.9% in premarket trade Friday, after the company announced an overhaul of its operations with the aim of improving its online offering and customer service. The retailer said it has invested in technology and tools to improve its omnichannel capabilities and is reviewing its operations to find cost savings and efficiency improvements. The company will close 250 stores in the U.S. over the next three years as it expands its digital network, taking advantage of expiring leases. Chico's is also updating its fourth-quarter guidance and said sales and same-store sales were trending better than its previous outlook. It is now expecting sales to be down in the low double-digits, compared with a prior expectation of a mid-teens decline. Fourth-quarter gross margins are expected to decline by about 500 basis points compared with 2017, compared with a previous
Show less
Read more
Impact Snapshot
Event Time:
CHS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CHS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CHS alerts
High impacting Chico's FAS, Inc. news events
Weekly update
A roundup of the hottest topics
CHS
News
- KNITWELL GROUP ADDS CHICO'S, WHITE HOUSE BLACK MARKET AND SOMA [Yahoo! Finance]Yahoo! Finance
- Sycamore Partners Completes Acquisition of Chico's FAS, Inc. [Yahoo! Finance]Yahoo! Finance
- Sycamore Partners Completes Acquisition of Chico's FAS, Inc.PR Newswire
- Chico's FAS, Inc. (NYSE: CHS) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
CHS
Earnings
- 11/30/23 - Beat
CHS
Sec Filings
- 1/5/24 - Form 8-K
- 1/5/24 - Form 25-NSE
- 1/5/24 - Form 8-K
- CHS's page on the SEC website