Chico´s news and archive

Hedge fund buys 5.6 percent stake in Chico´s

Blue Harbour Group, a hedge fund based in Connecticut, presented a 13D filing on Chico´s Fas, Inc. on Monday, disclosing a 5.6 percent stake (around 9 million shares) in the womenswear company. According to the regulatory filing presented at the US Securities and Exchange Commission on Monday, Blue Harbour Group LP, the aggregate purchase price...

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Chico´s misses analysts´expectations

Chico´s FAS reported first quarter’s net income of $53.6 million, or $0.32 per diluted share, compared to net income of $45.9 million, or $0.26 per diluted share for last year's first quarter, reflecting an earnings per share increase of 23%. Chico's said Q1 EPS rose 23% to 32 cents, beating expectations by 2 cents, its ninth quarter of...