Chico's FAS, Inc. Reports Third Quarter Results
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RBC Capital Downgrades Chico's, Inc. (CHS) to Sector Perform
November 28, 2018 5:57 PM ESTRBC Capital analyst Brian Tunick downgraded Chico's, Inc. (NYSE: CHS) from Outperform to Sector Perform with a price target of $4.50 (from $10.00).
Tunick cited the 3Q miss, 4Q guide-down, and lack of visibility into 2019.
For an analyst ratings summary and ratings... More
Chicos FAS (CHS) Misses Q3 EPS by 3c, Comps Decline 6.8%
November 28, 2018 7:17 AM ESTChicos FAS (NYSE: CHS) reported Q3 EPS of $0.05, $0.03 worse than the analyst estimate of $0.08. Revenue for the quarter came in at $499.88 million versus the consensus estimate of $515.63 million.
comparable sales decline of 6.8%Fiscal 2018 Fourth Quarter and Full-Year Outlook
The Company expects to see some immediate benefit from its Chico's brand performance improvement actions in the fiscal 2018 fourth quarter. Given the timing of adjustments that are now being made, the Company... More
