CHS Stock Recent News

In a deal valued at $1 billion priced at $7.60 per share, private equity firm Sycamore Partners just acquired special fashion retailer Chico's FAS, including the flagship Chico's brand along with White House Black Market and Soma intimates.

Chico's FAS (CHS) reports third-quarter fiscal 2023 results, with revenues declining 2.5% year over year due to a 2.7% fall in comparable sales.

Chico's FAS (CHS) third-quarter fiscal 2023 performance is likely to be hurt by a tough operating landscape.

In rough markets it's important to keep and eye out for overbought stocks. Finding the right timing to buy and sell stocks will always be a sought-after skill by any investor searching for that holy grail.

Jeff Lick, B Riley Securities Senior Consumer Research Analyst, joins Romaine Bostick and Katie Greifeld to discuss the big movers on the back of analyst recommendations on Bloomberg Markets: The Close.

Chico's FAS (CHS) inks a deal to be acquired by Sycamore Partners. The transaction will provide Chico's FAS with financial resources and strategic flexibility to boost its three iconic brands.

Markets rebounded at midday Thursday. Peloton gained ground after announcing a partnership with Lululemon Athletica.

Chico's (NYSE: CHS ) stock is flying higher on Thursday after the women's clothing store announced a $1 billion acquisition deal. That deal has private equity firm Sycamore Partners agreeing to acquire the retail company for $7.60 per share.

Chico's FAS Inc. (NYSE:CHS) stock rocketed more than 60% after the clothes retailer announced it was being acquired in a premium priced cash takeover that values the business at $1 billion. Sycamore Partners, a private equity firm focused on retail, is paying Chico's shareholders $7.60 per share.

Chico's is being acquired by Sycamore Partners for $1 billion.