chico's fas inc (CHS) Key Developments
Miki Racine Berardelli to Join Chico's FAS, Inc. as President, Digital Commerce, Chief Marketing Officer and Executive Vice President
Jun 30 14
Chico's FAS Inc. announced that Miki Racine Berardelli will be joining the company as President, Digital Commerce, Chief Marketing Officer and Executive Vice President Chico's FAS Inc. A dynamic industry leader, Ms. Berardelli is rich with experience and skills that span a spectrum of customer-based strategies and marketing initiatives. She joins Chicos FAS Inc. from Tory Burch, where she held the position of Chief Marketing Officer. Ms. Berardelli's responsibilities will include oversight of Chico's, White House Black Market, Soma and Boston Proper's e-commerce efforts, as well as customer analytics, digital marketing, social media, and strategic planning. Ms. Berardelli will be based at the company's headquarters in Fort Myers, Florida.
Chico's FAS Inc. Announces Executive Changes
Jun 27 14
Chico's FAS Inc. announced that its Board of Directors has appointed Todd E. Vogensen as the company's new Senior Vice President, Chief Financial Officer, replacing Pamela Knous, who has left the organization to pursue other interests. Prior to his appointment as CFO, Mr. Vogensen had been the company's Senior Vice President, Finance.
Chico's FAS, Inc. Declares Quarterly Cash Dividend Payable on September 29, 2014
Jun 26 14
Chico's FAS Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.075 per share of its common stock, a 36% increase over the dividend rate from September 2013. The dividend is payable on September 29, 2014 to Chico's FAS shareholders of record at the close of business on September 15, 2014.
Chico's FAS Inc. Reports Earnings Results for the First Quarter Ended May 3, 2014
Jun 9 14
Chico's FAS Inc. reported earnings results for the first quarter ended May 3, 2014. The company has reported that net income for the first quarter ended May 3, 2014 was $39.88 million compared to $51.12 million for the same quarter ended May 4, 2013. Income from operations for the first quarter ended May 3, 2014 was $63.84 million, compared to $81.03 million for the same quarter ended May 4, 2013.
Chico's Reportedly In Talks With Private Equity Firms
Jun 9 14
Chico's FAS Inc. (NYSE:CHS) has held discussions with several private equity firms in recent weeks regarding a potential sale. One industry source stated that Chico's could command a premium of about 30% to its market capitalization of $2.36 billion. It is unclear whether Chico's management would partner with a private equity group or divest the entire business.