Chico's FAS says Q4 sales to date up 8%, Q4 SSS to date up 3% Says Q4 sales through fourth week running up about 3% on comparable sales basis, with total quarter to date sales up approximately 8%. Says Hurricane Sandy impacted start of Q4, particularly in Northeast, and if Q4 to date sales excluded over 260 stores closed at some point due to Sandy than comparable sales increases for remainder of stores would be in mid to high single digits. Comments made earlier on Q3 earnings conference call.
News For CHS From The Last 14 Days
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Chico's FAS upgraded to Outperform from Market Perform at FBR Capital FBR Capital upgraded Chico's FAS to Outperform citing shareholder return catalysts in 2014 and easy near-term same-store-sales compares. FBR raised its price target for the stock to $19 from $18.