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Fly News Breaks for May 25, 2017
CHS
May 25, 2017 | 09:34 EDT
As previously reported, Wolfe Research downgraded Chico's to Peer Perform from Outperform following the Q1 report. The analyst said sales-to-inventory growth turned negative in the quarter, sees a slow recovery in fixing industry excess supply, and potential margin pressures as they redirect product direction.
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