Chico's FAS (CHS)
Chico's FAS (CHS): Has kept revenue growingBy Paul Goodwin, Editor of Cabot China & Emerging Markets Report
From Cabot Wealth Advisory 11/24/12 Sign up for free Cabot Wealth Advisory e-newsletters
Chico's FAS (CHS) is a women's retailer whose Chico's, White House/Black Market and Soma Intimates stores cater to different demographics. Chico's targets women 35 and up; White House/Black Market is aimed at women 25 and up; Soma offers bras, panties and sleepwear for all women.
The company has also acquired the Boston Proper brand of high-end apparel. Chico's FAS has kept revenue growing: 8% in fiscal 2010, 11% in 2011 and 15% in 2012. The latest quarterly report featured revenue growth of 18% and earnings growth of 39%.
CHS had a huge jump in July and August, running from 13.5 to 19.5, and has traded sideways since then, waiting for the next catalyst. Its 1.4% dividend doesn't hurt, either.
|Chico's FAS (CHS)
11215 Metro Parkway
Fort Myers, Florida 33912
|Index Membership: N/A
Industry: Apparel Stores
Full Time Employees: 4,950