At last check, in the premarket trading session, Chico’s FAS Inc. (CHS) stock surged by 0.24% to $4.21. CHS’s stock closed the previous session at $4.21 losing 15.34%. The CHS stock volume traded 3.04 million shares while the average trade volume of 3 months has been 2.06 million. In the past year up to date, CHS stock had surged by 289.81%. In the past week, the shares had jumped 16.94%. In the past three and six months, the CHS stock had jumped by 54.78% and 207.30%. Furthermore, Chico’s FAS is currently valued at $447.40 million and has outstanding shares equaling 116.31 million.
What you need to know about Chico’s FAS
Chico’s FAS, Inc. is a multiple-channel specialty retailer of women’s clothing and accessories. The products are branded and operate under Chico’s, White House Black Market, TellTale, and Soma. CHS stock operates and markets in the country of United States, Puerto Rico, and Canada. The company has targeted its audience of women. Chico serves private branded clothing to women of age 45 or older. Soma Brand sells sleep-related garments, loungewear products, and similar to the TellTale brand, it sells branded private lingerie. The White House Black Market brand targets the basic accessories and apparel for casual, comfortable, and work-related environment. Furthermore, WHBM has feminine all-occasion dresses along with accessories for women 35 plus and older.
The company has international franchises in Mexico and 2 domestic airport locations. Furthermore omnichannel of the company consists of e-commerce, catalogs, and retail stores.
Announcement of Earnings conference call
CHS stock has announced today 17th May 2021 that it is looking forward to releasing the financial results of the first quarter of the fiscal year 2021. Chico’s will release the sales-earnings report and a conference call will be held on 8th June 2021.
Soma enthusiastically expanding the Bra Donation Program
On 7th April, 2021, Soma-one of the brands of Chico’s FAS- announced that it will contribute to the commitment of sustainability and women in need, by expansion of their annual Bra Donation program. The company has collaborated with two partners “I Support the GirlsTMand The Bra Recyclers® for the program. SOMA accepts that each lady should feel sure and OK with herself. Cooperating with I Support the Girls further features our continuous obligation to this mission. Since bras can’t be given to a subsequent wearer, so CHS stock proceeds with its commitment to keep bras out of landfills with The Bra Recyclers. In acknowledgment of Earth Day, Soma is glad to upgrade the program that has been decreasing waste for over 10 years which is established, driven, and planned by women. Soma is focused on manageability and aiding ladies deprived by allowing unwanted bras a second opportunity.
What is the outcome for the BDP?
Soma will gather money-related gifts for I Support the Girls at its shops, outlets, and site to help young females and women encountering vagrancy, survivors of physical and domestic abuse at home, victims of illegal sex trafficking, outcasts, and evacuees affected by natural disasters.