The Latest Breaking News from CHS

The soaring inflation is expected to result in further aggressive interest rate hikes, fueling fears of an economic slowdown. Amid the depressed market conditions on concerns over a potential recession, it could be wise to invest in high-quality stocks, Chico's FAS (CHS), MarineMax (HZO), and The ODP (ODP), which are…

The fashion industry is regaining traction with pent-up demand and rapid technological advancements. With analysts expecting robust fashion sales this year, fundamentally sound fashion stocks Hugo Boss (BOSSY), Chico's FAS (CHS), Nordstrom (JWN), Macy's (M), and Dillard's (DDS), which are currently trading at discounts to their peers, could be solid…

The stock market has been facing immense volatility lately due to multi-decade high inflation. However, amid high inflationary pressures, consumer defensive stocks tend to remain resilient because of these companies' inelastic demand for products. Consumer defensive stocks The Clorox Company (CLX) and Newell Brands (NWL) look well-positioned to survive the…

With increasing demand and stores reopening, the apparel industry is expected to grow significantly in the near term. Therefore, we think it could be wise to invest in quality apparel retail stocks Chico's FAS (CHS), Genesco (GCO), J.Jill (JILL), and Designer Brands (DBI) now. These stocks have an overall rating…

Chico's FAS Inc (NYSE:CHS) reported first-quarter FY22 sales growth of 39.4% year-on-year to $540.92 million, beating the consensus of $490.10 million. The comparable sales increased 41% versus last year, surpassing 2019 levels by 11%. The gross margin for the quarter expanded 730 basis points Y/Y to 40%. The operating margin was 8.4%, and…

A new survey from the Federal Reserve Bank of Minneapolis suggests strong farm incomes so far this year, even with the higher cost of inputs, like fertilizer.

Further changes to opening hours are also likely, Canberra Health Services flagged.

The nurses union has repeated calls for an inquiry into Dhulwa.

While worsening supply chains and high inflation are significant concerns, the retail industry is expected to benefit from the upbeat job market and rising consumer spending. So, retail stocks Chico's FAS (CHS) and Express (EXPR) should perform well. But which of these two stocks is a better buy now? Read…

Nurses working at Canberra's Dhulwa Mental Health Unit have reported having arms, noses and fingers broken by patients across a six month period, with fears of further escalation imminent.

Chico's FAS Inc (NYSE:CHS) reported fourth-quarter FY21 sales growth of 28.5% year-on-year, to $496.26 million, missing the consensus of $498.70 million. Sales growth primarily reflects the decline in store sales during last year's Q4 due to the COVID-19 pandemic and higher full-price sales. Comparable sales increased 29.2% versus last year, with Chico's, WHBM, and…