ADVFN - Advanced Financial Network.
HOME» NYSE » C » CHS Stock Price » CHS Stock News

Chicos F a S Share News

 Chicos Fas Stock Price
CHS Stock Price
 Chicos Fas Stock Chart
CHS Stock Chart
 Chicos Fas Stock News
CHS Stock News
 Chicos Fas Company Information
CHS Company Information
 Chicos Fas Stock Trades
CHS Stock Trades

US Retail Stocks Mark Strong 1Q, With Strength Seen Continuing

By Karen Talley Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- Retail stocks began 2012 with a head of steam that continued throughout the quarter, with many posting record or multi-year highs during the period, amid sentiment that the gains can continue. For the first quarter, which ends at the close of trading, the Standard & Poor's Retail Index has risen 101 points, or 19%, with the percentage rise representing its best gain since the second quarter of 2003. The move outpaces that of the broader market, with the S&P 500 up 12% so far in the first quarter. Sentiment about an improving economy helped to fuel retail stocks' gains, as did rather decent earnings these companies turned in during the period. Retailers with the biggest gains during the quarter include Gap Inc. (GPS) and Aeropostale Inc. (ARO), both up 42%; Chico's FAS Inc. (CHS) up 36%; Macy's Inc. (M), up 24%; Saks Inc. (SKS) up 21%; and Target Corp. (TGT) up 14%. Target was also among stocks that hit multi-year highs during the first quarter. Others include Wal-Mart Stores Inc. (WMT), Nordstrom Inc. (JWN), Coach Inc. (COH), Family Dollar Stores Inc. (FDO) and Lowe's Cos. (LOW). While some of the easier gains have already been made, there is opportunity for further advances by retail stocks if the economy cooperates, analysts said. "The environment is still slowly getting better for retailers," said David Abella, portfolio manager at Rochdale Investment Management. "They were able to have pretty strong sales when the economy was weaker, so it stands to reason if the economy improves they should do even better." Still, the big unknown is how gasoline prices act. If prices continue to climb, lower-end retailers may lose out. Abella cited Kohl's Corp. (KSS), J.C. Penney Co. (JCP), Wal-Mart and Target as retailers that could be pinched by high gasoline prices. -By Karen Talley, Dow Jones Newswires; 212-416-2196;

Stock News for Chicos F a S (CHS)
02/10/201708:40:47Amended Statement of Ownership (sc 13g/a)
02/09/201710:06:13Schedule 13g
02/07/201710:43:33Amended Statement of Ownership (sc 13g/a)
02/06/201717:16:14Current Report Filing (8-k)
02/06/201712:01:00Chico's FAS, Inc. Announces Fourth Quarter Sales and Earnings...
01/27/201710:41:17Statement of Ownership (sc 13g)
01/12/201711:27:36Amended Statement of Ownership (sc 13g/a)
01/03/201717:09:46Statement of Changes in Beneficial Ownership (4)
01/03/201717:09:22Statement of Changes in Beneficial Ownership (4)
12/21/201616:55:37Statement of Changes in Beneficial Ownership (4)
12/13/201617:19:44Statement of Changes in Beneficial Ownership (4)
12/12/201610:11:12Amended Statement of Ownership (sc 13g/a)
12/09/201612:40:50Amended Statement of Ownership (sc 13g/a)
12/08/201617:06:00Statement of Changes in Beneficial Ownership (4)
12/05/201617:15:54Statement of Changes in Beneficial Ownership (4)
12/05/201617:14:10Statement of Changes in Beneficial Ownership (4)
12/05/201617:11:06Statement of Changes in Beneficial Ownership (4)
11/28/201617:17:35Initial Statement of Beneficial Ownership (3)
11/28/201616:36:50Statement of Changes in Beneficial Ownership (4)
11/23/201611:35:47Current Report Filing (8-k)

Chicos F a S and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations