Chico's FAS Inc. posted a fourth-quarter loss, and saw declines in sales across all three businesses.
For the three months ended Feb. 1, the loss was $348,000, or 0 cents a diluted share, against net income of $31.5 million, or 19 cents, a year ago.
The company posted a decline of 6.4 percent in total net sales to $610.2 million from $651.9 million. The company operates three nameplates, each of which saw sales declines in the quarter. For the core Chico's/Soma Intimates division, sales fell 5.3 percent to $374.9 million; White House| Black Market sales decreased 4.9 percent to $215.3 million, and Boston Proper sales dropped 32.6 percent to $20 million.
The company operated 1,472 stores at the end of the quarter in the U.S. and Canada.
@juicebeauty, where @gwynethpaltrow holds the title of creative director of makeup, has become one of the foremost labels in the organic beauty category –– with sales on track to hit $100 million this year. What’s behind the rapid growth the brand is experiencing right now? It all started in 2005 when the wellness movement was just getting started. Read more on WWD.com. #wwdbeauty
Stay up to do date with breaking news and trending stories with WWD’s “The Essentialist.” Our newsletter delivers the top news in fashion right to your inbox. Want more info? Link in bio. #wwdfashion (📷: @kukukuba)
"I want to tell a story that inspires people to feel good about themselves, but also I'm making a commentary about the lack of female stories and female directors and saying this should change," said @imheathergraham on her latest project "Half Magic." The comedy feature, which the actress wrote and directed, is based on her own struggles as a woman in show business. Read @andrewnodell's full interview with Graham on WWD.com. #wwdeye (📷: @jgreenery)
@meltcosmetics cofounders @lora_arellano and @danabomar built their brand on a single idea: a true matte lipstick. To set the brand apart, they said they always put their customers first –– including a personalized note in each package. #wwdsummits #wwdbeauty
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