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RBC Capital Mkts Just Issued Outperform Rating on Chico's FAS (CHS)

The company’s revenue was down -9.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.25 EPS. Several company insiders have filed Insider transactions , on Mar 30, 2017, Colaco Donna Noce (Brand President WH|BM) sold 51,235 shares at $14.30 per share price. According to the SEC, on Mar 15, 2017, John R Lund (SVP – Supply Chain & Operation) purchased 2,000 shares at $13.78 per share price. On Mar 3, 2017, Ross E Roeder (director) sold 19,926 shares at $14.31 per share price, according to the Form-4 filing with the securities and exchange commission. Chico's FAS closed down -0.3 points or -2.54% at $11.52 with 36,22,938 shares getting traded on Thursday. Post opening the session at $11.85, the shares hit an intraday low of $11.39 and an intraday high of $11.94 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red. Chico’s FAS Inc. is a specialty retailer of women’s private branded casual-to-dressy clothing intimates complementary accessories and other non-clothing items operating under the Chico’s White House/Black Market (WH/BM) Soma Intimates (Soma) and Boston Proper brand names. The Chico’s brand sells designed private branded clothing focusing on women 40 and over.

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