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Chico's (CHS) reported 2016 second-quarter earnings and revenue that were above analysts' estimates yesterday evening.
Stocks are slightly lower on Wednesday morning as speculation over interest rates hikes continue and another increase in crude inventories pressures oil prices.
Wait for guidance on Wednesday before buying back into this retailer.
Chico's (CHS) is slated to report second quarter earnings and revenue before Wednesday's market open.
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The fund's founder, Jim Mitarotonda, said he was still "deeply committed" to its investment in the woman's clothing retailer.
Barington Remains Deeply Committed to its Investment in Chico's and will Continue to Carefully Monitor the Company
Glass Lewis and ISS Both Support the Company's World-Class Director Nominees
Glass Lewis followed Institutional Shareholder Services' recommendation that investors oppose two dissident director candidates nominated by insurgent fund Barington Capital.
ISS backs the woman's clothing retailer's candidates and notes that insurgent fund Barington has "not made a compelling case" that change is needed.
Chico's FAS Urges Shareholders to Support the Positive Change Underway and Vote "FOR" Chico's FAS' Director Nominees on the WHITE Proxy Card
Bonnie Brooks' Retirement from Hudson's Bay Company Was No Doubt in Reaction to Barington's Public Criticism over Her Serious Conflicts of Interest
Hudson's Bay Company Is Not a Competitor to Chico's FAS or Any of Its Brands
Opinion Affirms View of Corporate Governance Expert that Bonnie Brooks' Service on the Chico's Board Would Create a Material Conflict of Interest
Outlines Barington Group's Track Record of Success and Sets Forth its Comprehensive Plan to Improve the Company's Performance and Enhance Long-Term Shareholder Value
Letter Stresses Key Reasons Why the Barington Group's Experienced, Independent, Stockholder-Focused Nominees are Needed on the Chico's Board
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Chico's FAS Inc presently has an excellent rank, in the top 25% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.
Highlights Significant Progress Made by New CEO through Company's New Strategic Plan
Letter Highlights the Barington Group's Serious Concerns Regarding Chico's and Outlines its Comprehensive Plan to Unlock the Company's Long-Term Value Potential
Urges Stockholders to STOP, LOOK, and LISTEN Before Taking Any Action in Response to the Company's Proxy Materials