Breaking News Instant updates and real-time market news.

CHS

Chico's

$8.83

-0.065 (-0.73%)

07:34
08/29/18
08/29
07:34
08/29/18
07:34

Chico's still sees FY18 net sales down in mid-single digits, consensus $2.16B

Still sees a low-to-mid single digit decline in FY18 consolidated comparable sales. Expects gross margin rate expansion of approximately 50 basis points over FY17, within the previously provided range of an expansion of 50 to 70 basis points. Anticipates SG&A expenses to be approximately flat compared to FY17. Estimates FY18 tax rate 26%-28%. Anticipates FY18 CapEx $60M-$70M, primarily driven by store reinvestments and technology enhancements.

  • 29

    Aug

  • 17

    Sep

  • 18

    Sep

CHS Chico's
$8.83

-0.065 (-0.73%)

05/31/18
RHCO
05/31/18
NO CHANGE
Target $10
RHCO
Buy
Chico's price target lowered to $10 from $14 at SunTrust
SunTrust analyst Pamela Quintiliano lowered her price target on Chico's FAS shares to $10 from $14 following the company's Q1 report, which she said "took a few steps back" from the better-than-expected Q4. In a research note to investors, the analyst, who has a Buy rating on shares, said traffic was the primary negative factor in Q1, adding that delayed shipments and lack of newness "were also issues."
05/21/18
RHCO
05/21/18
NO CHANGE
Target $114
RHCO
Buy
Lululemon price target raised to $114 from $95 at SunTrust
SunTrust analyst Pamela Quintilliano raised her price target on Lululemon (LULU) to $114 and kept her Buy rating as part of her broader research note on Specialty Retail sector. The analyst notes that the adverse weather factors are being overlooked by investors in this market-outperforming space as macro trends appear to be benefiting the consumer. For Lululemon, Quintilliano notes that its inventory to sales ratio at the end of Q4 was among the lowest in the peer group, and that despite the stock's valuation premium of 31.7-times forward PE vs. 25-times historic average, she expects the momentum in the sales of the company's products to benefit its shares. The analyst also favors Buy-rated Chico's FAS (CHS) on its cost-cutting initiatives and operating efficiencies, as well as Urban Outfitters (URBN) based on its "impressive intra-quarter trends" and well controlled promotions. Quintilliano raises her price target on the latter to $47 from $42.
10/16/17
SBSH
10/16/17
DOWNGRADE
Target $8
SBSH
Neutral
Chico's downgraded to Neutral from Buy at Citi
Citi analyst Paul Lejuez downgraded Chico's FAS (CHS) to Neutral and cut his price target for the shares to $8 from $10. The first half of 2017 has been a "big disappointment" with "no turnaround in sight," Lejuez tells investors in a research note. He believes the "sudden sales slowdown" at competitor J.Jill (JILL) "casts a darker cloud on the women's segment as a whole."
10/11/17
10/11/17
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Schlumberger (SLB) downgraded to Market Perform from Outperform at BMO Capital with analyst Daniel Boyd saying he sees risk to 2018 estimates and limited room for multiple expansion. 2. Sony (SNE) downgraded to Equal Weight from Overweight at Morgan Stanley 3. Chico's (CHS) downgraded to Underperform from Neutral at BofA/Merrill with analyst Lorraine Hutchinson saying the premium multiple is unwarranted. 4. Robert Half (RHI) downgraded to Hold from Buy at SunTrust with analyst Tobey Sommer citing the recent underperformance relative to the U.S. staffing market and moderating growth of accounting jobs. 5. Coach (COH) downgraded to Neutral from Outperform at Consumer Edge. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

10:02
04/23/19
04/23
10:02
04/23/19
10:02
General news
New Home Sales data reported »

March New Home Sales at…

HLX

Helix Energy

$7.79

-0.8 (-9.31%)

10:00
04/23/19
04/23
10:00
04/23/19
10:00
Hot Stocks
Helix Energy falls -8.7% »

Helix Energy is down…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 23

    Apr

  • 15

    May

MLI

Mueller Industries

$27.50

-3.7 (-11.86%)

10:00
04/23/19
04/23
10:00
04/23/19
10:00
Hot Stocks
Mueller Industries falls -12.7% »

Mueller Industries is…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 02

    May

WAT

Waters

$208.29

-32.79 (-13.60%)

10:00
04/23/19
04/23
10:00
04/23/19
10:00
Hot Stocks
Waters falls -13.6% »

Waters is down -13.6%, or…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 23

    Apr

  • 07

    May

  • 14

    May

ABG

Asbury Automotive

$80.30

6.98 (9.52%)

10:00
04/23/19
04/23
10:00
04/23/19
10:00
Hot Stocks
Asbury Automotive rises 9.2% »

Asbury Automotive is up…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 23

    Apr

  • 03

    Jun

GLD

SPDR Gold Shares

$119.89

-0.48 (-0.40%)

10:00
04/23/19
04/23
10:00
04/23/19
10:00
Options
10K SPDR Gold Trust July 116 - 117 put spreads trade 23c »

10K SPDR Gold Trust July…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

TWTR

Twitter

$38.65

4.26 (12.39%)

10:00
04/23/19
04/23
10:00
04/23/19
10:00
Hot Stocks
Twitter rises 12.4% »

Twitter is up 12.4%, or…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 23

    Apr

  • 20

    May

ARCH

Arch Coal

$100.40

8.635 (9.41%)

10:00
04/23/19
04/23
10:00
04/23/19
10:00
Hot Stocks
Arch Coal rises 9.4% »

Arch Coal is up 9.4%, or…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 23

    Apr

  • 02

    May

TWTR

Twitter

$38.57

4.18 (12.15%)

09:55
04/23/19
04/23
09:55
04/23/19
09:55
Hot Stocks
Trump claims Twitter 'very discriminatory,' doesn't treat him 'well' »

President Donald Trump…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 23

    Apr

  • 20

    May

C

Citi

$68.84

-0.23 (-0.33%)

09:55
04/23/19
04/23
09:55
04/23/19
09:55
Options
Citi put volume heavy and directionally bearish »

Bearish flow noted in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 23

    Apr

  • 23

    Apr

  • 14

    May

  • 29

    May

  • 03

    Jun

  • 11

    Jun

  • 13

    Jul

  • 15

    Jul

HAS

Hasbro

$100.31

12.29 (13.96%)

, KSS

Kohl's

$73.00

5.565 (8.25%)

09:55
04/23/19
04/23
09:55
04/23/19
09:55
Options
Early notable gainers among liquid option names on April 23rd »

Notable gainers among…

HAS

Hasbro

$100.31

12.29 (13.96%)

KSS

Kohl's

$73.00

5.565 (8.25%)

LMT

Lockheed Martin

$328.87

13.63 (4.32%)

DGX

Quest Diagnostics

$89.56

4.39 (5.15%)

MAT

Mattel

$12.23

0.45 (3.82%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 23

    Apr

  • 23

    Apr

  • 23

    Apr

  • 25

    Apr

  • 25

    Apr

  • 02

    May

  • 04

    May

  • 07

    May

  • 14

    May

  • 15

    May

  • 16

    May

  • 16

    May

  • 21

    May

  • 29

    May

  • 31

    May

  • 05

    Jun

  • 23

    Jun

GOOG

Alphabet

$1,248.36

-0.6 (-0.05%)

, GOOGL

Alphabet Class A

$1,253.24

-0.7 (-0.06%)

09:52
04/23/19
04/23
09:52
04/23/19
09:52
Periodicals
Google's drone offshoot gets FAA approval as airline, Bloomberg says »

An offshoot of…

GOOG

Alphabet

$1,248.36

-0.6 (-0.05%)

GOOGL

Alphabet Class A

$1,253.24

-0.7 (-0.06%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 29

    Apr

  • 29

    Apr

  • 14

    May

  • 27

    Oct

ZTO

ZTO Express

$19.60

0.3 (1.55%)

09:51
04/23/19
04/23
09:51
04/23/19
09:51
Conference/Events
ZTO Express management to meet with UBS »

Meeting to be held in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Apr

  • 15

    May

DOOO

BRP Inc.

$30.94

(0.00%)

09:50
04/23/19
04/23
09:50
04/23/19
09:50
Conference/Events
BRP Inc. management to meet with UBS »

Meeting to be held in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Apr

09:50
04/23/19
04/23
09:50
04/23/19
09:50
General news
FX Action: USD-JPY »

FX Action: USD-JPY topped…

MLI

Mueller Industries

$28.50

-2.7 (-8.65%)

09:47
04/23/19
04/23
09:47
04/23/19
09:47
Hot Stocks
Mueller Industries falls -9.6% »

Mueller Industries is…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 02

    May

JP

Jupai Holdings

$3.50

-0.47 (-11.84%)

09:47
04/23/19
04/23
09:47
04/23/19
09:47
Hot Stocks
Jupai Holdings falls -15.2% »

Jupai Holdings is down…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

WAT

Waters

$200.02

-41.06 (-17.03%)

09:47
04/23/19
04/23
09:47
04/23/19
09:47
Hot Stocks
Waters falls -17.1% »

Waters is down -17.1%, or…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 23

    Apr

  • 07

    May

  • 14

    May

KSS

Kohl's

$72.06

4.63 (6.87%)

09:47
04/23/19
04/23
09:47
04/23/19
09:47
Hot Stocks
Kohl's rises 6.9% »

Kohl's is up 6.9%,…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 15

    May

  • 21

    May

CE

Celanese

$112.78

8.28 (7.92%)

09:47
04/23/19
04/23
09:47
04/23/19
09:47
Hot Stocks
Celanese rises 8.2% »

Celanese is up 8.2%, or…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 23

    Apr

TWTR

Twitter

$37.51

3.12 (9.07%)

09:47
04/23/19
04/23
09:47
04/23/19
09:47
Hot Stocks
Twitter rises 9.5% »

Twitter is up 9.5%, or…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 23

    Apr

  • 20

    May

09:45
04/23/19
04/23
09:45
04/23/19
09:45
General news
New Home Sales to be reported at 10:00 »

March New Home Sales will…

09:45
04/23/19
04/23
09:45
04/23/19
09:45
General news
Richmond Fed Manufacturing Index Level to be reported at 10:00 »

April Richmond Fed…

TPR

Tapestry

$30.68

(0.00%)

09:42
04/23/19
04/23
09:42
04/23/19
09:42
Downgrade
Tapestry rating change  »

Tapestry downgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 29

    May

WPM

Wheaton Precious Metals

$21.79

(0.00%)

09:42
04/23/19
04/23
09:42
04/23/19
09:42
Downgrade
Wheaton Precious Metals rating change  »

Wheaton Precious Metals…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 09

    May

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.