Chicos FAS (CHS) Misses Q3 EPS by 7c
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Chico's FAS, Inc. Reports Third Quarter Results
November 24, 2015 7:30 AM ESTFORT MYERS, Fla., Nov. 24, 2015 /PRNewswire/ -- Chico's FAS, Inc. (NYSE: CHS) today announced its financial results for the fiscal 2015 third quarter and thirty-nine weeks ended October 31, 2015.
For the thirteen weeks ended October 31, 2015 ("the third quarter"), the Company reported adjusted net income of $17.7 million compared to adjusted net income of $28.9 million for the thirteen weeks ended November 1, 2014, and third quarter 2015 adjusted earnings per diluted share of $0.13 compared to adjusted earnings per diluted share of $0.19 in last year's third quarter.... More
Chico's FAS, Inc. Announces New $300 Million Share Repurchase Program and Declares Cash Dividend of $0.0775 Per Share
November 24, 2015 7:29 AM ESTFORT MYERS, Fla., Nov. 24, 2015 /PRNewswire/ -- Chico's FAS, Inc. (NYSE: CHS) today announced that its Board of Directors has approved a new $300 million share repurchase authorization for the Company's common stock and canceled the remainder of its December 2013 share repurchase program, reinforcing the Company's commitment to returning excess cash to shareholders. During fiscal 2015, the Company repurchased 14.6 million shares under accelerated stock repurchase agreements, completing all but $40 million of its existing share repurchase authorization.
The Company also announced... More
