Chico's FAS is a Florida-based fashion company founded in 1983 on Sanibel Island, Fla. The Company reinvented the fashion retail experience by creating fashion communities anchored by our Most Amazing Personal Service, which put the customer at the center of everything we do. As one of the leading fashion retailers in North America, Chico's FAS is a company of three unique brands - Chico's®, White House Black Market® and Soma® - each thriving in their own white space, founded by women, led by women, providing solutions that millions of women say give them confidence and joy.
The Company has a passion for fashion, and each day, we provide clothing, shoes and accessories, intimate apparel and expert styling in our brick-and-mortar boutiques, digital online boutiques and through Style Connect, the Company's proprietary digital styling tool that enables customers to conveniently shop wherever, whenever and however they prefer.
As of August 1, 2020, the Company operated 1,313 stores in the U.S. and sold merchandise through 69 international franchise locations in Mexico and 2 domestic franchise airport locations.
Company profile
Ticker
CHS
Exchange
Website
CEO
Molly Langenstein
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
CHICOS FAS INC
SEC CIK
Corporate docs
Subsidiaries
Chico’s Retail Services, Inc. • Chico’s Distribution Services, LLC • Soma Intimates, LLC • White House | Black Market, Inc. • Chico’s Retail Operations, Inc. • Chico’s Brands Investments, Inc. • Parrot Wings, LLC • Chico’s ATSO Limited • Lux Parrot SaRL • Parrot Holdings, LLC ...
IRS number
592389435
CHS stock data
News
Why Stocks Are Trading Slightly Lower; U.S. Manufacturing PMI Slips
1 Aug 22
Overview Of Value Stocks In The Consumer Cyclical Sector
12 Jul 22
Kellogg And 2 Other Stocks Insiders Are Selling
22 Jun 22
Chico's FAS Q1 Earnings Top Estimates, Lifts FY22 Outlook
7 Jun 22
Chico's FAS: Q1 Earnings Insights
7 Jun 22
Calendar
8 Jun 22
12 Aug 22
29 Jan 23
Financial summary
| Quarter (USD) | Apr 22 | Jan 22 | Oct 21 | Jul 21 | |
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| Annual (USD) | Jan 22 | Jan 21 | Jan 20 | Feb 19 | |
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| Revenue | |||||
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| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 104.13M | 104.13M | 104.13M | 104.13M | 104.13M | 104.13M |
| Cash burn (monthly) | 3.66M | (no burn) | (no burn) | (no burn) | 61K | (no burn) |
| Cash used (since last report) | 12.64M | n/a | n/a | n/a | 210.85K | n/a |
| Cash remaining | 91.49M | n/a | n/a | n/a | 103.92M | n/a |
| Runway (months of cash) | 25.0 | n/a | n/a | n/a | 1703.6 | n/a |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 Aug 22 | Molly Langenstein | Common Stock | Payment of exercise | Dispose F | No | No | 5.44 | 37,477 | 203.87K | 1,432,599 |
| 1 Jul 22 | Molly Langenstein | Common Stock | Payment of exercise | Dispose F | No | No | 4.96 | 21,520 | 106.74K | 1,470,076 |
| 23 Jun 22 | Mansell Kevin | Common Stock | Grant | Acquire A | No | No | 0 | 27,672 | 0 | 50,725 |
| 23 Jun 22 | Janice L Fields | Common Stock | Grant | Acquire A | No | No | 0 | 27,672 | 0 | 173,905 |
| 23 Jun 22 | Mahoney John | Common Stock | Grant | Acquire A | No | No | 0 | 27,672 | 0 | 235,268 |
Institutional ownership, Q1 2022
| 13F holders | Current |
|---|---|
| Total holders | 176 |
| Opened positions | 18 |
| Closed positions | 31 |
| Increased positions | 62 |
| Reduced positions | 55 |
| 13F shares | Current |
|---|---|
| Total value | 521.65M |
| Total shares | 109.63M |
| Total puts | 259.5K |
| Total calls | 400.3K |
| Total put/call ratio | 0.6 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 19.61M | $94.15M |
| Vanguard | 8.18M | $39.24M |
| Kaluzny Stefan L | 7.64M | $25.83M |
| Renaissance Technologies | 6.12M | $29.36M |
| Marshall Wace | 5.58M | $26.8M |
| STT State Street | 4.99M | $23.96M |
| ATAC Neuberger Berman | 4.18M | $20.07M |
| Global Alpha Capital Management | 3.96M | $19.01M |
| Dimensional Fund Advisors | 3.33M | $15.97M |
| Charles Schwab Investment Management | 3.01M | $14.46M |
Financial report summary
?Competition
CanadaRisks
- Risks Related to Business Strategy and Operations
- Risks Related to General Economic Conditions
- Risks Related to Omnichannel Operations
- Risks Related to Information Technology Systems
- Risks Related to Sourcing and Distribution Strategies
Management Discussion
- •Gross margin rate as a percent of net sales of 38.7% to 39.4%;
- •SG&A expenses as a percent of net sales of 31.2% to 31.6%;
- •Effective income tax rate of 26.0%; and
Content analysis
?| Positive | ||
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| Litigous | ||
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H.S. sophomore Avg
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New words:
aim, arrange, BodifyTM, bra, BraTM, bring, cap, CLOSETTM, commerce, commodity, conflict, contractual, cozy, diligent, drawn, dressing, enable, entertainment, evidenced, excellent, hearing, home, household, human, hyperlocal, impression, inspire, inspiring, IronTM, launch, leaner, lounge, military, moderate, motion, obsessed, outperforming, Overnight, point, power, preliminary, premium, regular, replenishment, Russia, shirt, Slimming, Smart, SOFR, tailoring, teach, trajectory, TravelersTM, Ukraine, unopposed, versatile, war, wearability
Removed:
accrue, adjustment, aging, applying, assessed, ASU, book, calculating, Canada, Canadian, capitalization, case, charge, circumstance, closure, conformity, continuously, cumulative, dated, December, decline, description, discontinuation, discontinued, effort, enactment, event, existed, exited, experienced, floor, forecasted, hedging, identified, impacted, Interbank, intraperiod, issuance, issued, July, June, lean, LIBOR, London, macroeconomic, meeting, methodology, month, move, moving, negotiated, obtained, Offered, older, Ontario, option, optional, ordinary, pending, perform, performed, periodically, positioned, potentially, projected, promotional, rationalizing, realizable, realization, recently, recognition, record, recruitment, referenced, relate, represented, review, reviewed, shrink, Simplifying, sleepwear, small, subsequent, subsidiary, substantially, successful, Superintendent, suspended, targeting, test, Topic, translation, turn, unfavorable, viewed, write
Financial reports
Current reports
8-K
Submission of Matters to a Vote of Security Holders
29 Jun 22
8-K
Results of Operations and Financial Condition
8 Jun 22
8-K
Chico’s FAS, Inc. Reports Better-than-Expected First Quarter Results and Raises Full Year Outlook
7 Jun 22
8-K
Chico’s FAS, Inc. Announces Three-Year Financial Targets and Hosts
25 Mar 22
8-K
Chico's FAS, Inc. Names New Independent Chair of the Board of Directors
11 Mar 22
8-K
Results of Operations and Financial Condition
2 Mar 22
8-K
Results of Operations and Financial Condition
1 Mar 22
8-K
Chico’s FAS, Inc. Appoints Eli Kumekpor to Board of Directors
23 Feb 22
8-K
Entry into a Material Definitive Agreement
3 Feb 22
8-K
Chico’s FAS, Inc. Reports Holiday Sales and Updated Fourth Quarter Outlook
11 Jan 22
Registration and prospectus
S-8 POS
Registration of securities for employees (post-effective amendment)
24 Jan 22
S-8 POS
Registration of securities for employees (post-effective amendment)
24 Jan 22
S-8 POS
Registration of securities for employees (post-effective amendment)
24 Jan 22
S-8
Registration of securities for employees
29 Jun 21
25-NSE
Exchange delisting
26 Jan 21
8-A12B/A
Registration of securities on exchange (amended)
25 Jan 21
S-8
Registration of securities for employees
28 Jun 20
8-A12B
Registration of securities on exchange
3 Apr 20
S-8
Registration of securities for employees
30 Aug 17
S-8
Registration of securities for employees
31 Jul 12
Proxies
DEFA14A
Additional proxy soliciting materials
6 May 22
DEFA14A
Additional proxy soliciting materials
7 May 21
DEFA14A
Additional proxy soliciting materials
8 May 20
DEFA14A
Additional proxy soliciting materials
24 Jun 19
DEFA14A
Additional proxy soliciting materials
10 May 19
DEF 14A
Definitive proxy
10 May 19
DEFA14A
Additional proxy soliciting materials
4 May 18
Other
SD
Conflict minerals disclosure
25 May 22
SD
Conflict minerals disclosure
18 May 21
SD
Conflict minerals disclosure
22 May 20
CERT
Certification of approval for exchange listing
7 Apr 20
UPLOAD
Letter from SEC
4 Dec 19
CORRESP
Correspondence with SEC
26 Nov 19
UPLOAD
Letter from SEC
21 Nov 19
SD
Conflict minerals disclosure
17 May 19
SD
Conflict minerals disclosure
22 May 18
SD
Conflict minerals disclosure
24 May 17
Ownership
4
CHICO'S FAS / MOLLY LANGENSTEIN ownership change
3 Aug 22
4
CHICO'S FAS / MOLLY LANGENSTEIN ownership change
6 Jul 22
4
CHICO'S FAS / Eli Kumekpor ownership change
27 Jun 22
4
CHICO'S FAS / DEBORAH KERR ownership change
27 Jun 22
4
CHICO'S FAS / JOHN MAHONEY ownership change
27 Jun 22
4
CHICO'S FAS / DAVID F WALKER ownership change
27 Jun 22
4
CHICO'S FAS / KIMBERLY ROY TOFALLI ownership change
27 Jun 22
4
CHICO'S FAS / KEVIN MANSELL ownership change
27 Jun 22
4
CHICO'S FAS / Janice L Fields ownership change
27 Jun 22
4
CHICO'S FAS / Bonnie R. Brooks ownership change
21 Jun 22
Transcripts
2022 Q1
Earnings call transcript
7 Jun 22
2021 Q4
Earnings call transcript
1 Mar 22
2021 Q3
Earnings call transcript
30 Nov 21
2021 Q2
Earnings call transcript
31 Aug 21
2021 Q1
Earnings call transcript
8 Jun 21
2020 Q4
Earnings call transcript
2 Mar 21
2020 Q3
Earnings call transcript
24 Nov 20
2020 Q2
Earnings call transcript
26 Aug 20
2020 Q1
Earnings call transcript
10 Jun 20
2019 Q4
Earnings call transcript
27 Feb 20
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