Fewer markdowns and a focus on omnichannel growth propped up Chico’s FAS Inc.’s fourth-quarter earnings 25.6 percent, the women’s apparel retailer said Thursday.
For the period ended Feb. 2, the Fort Myers, Fla.-based chain earned $31.5 million, or 19 cents a diluted share, compared with year-ago earnings of $25.1 million, or 15 cents a share. Excluding costs related to its Boston Proper acquisition, earnings totaled 20 cents a share, which matched analysts’ predictions.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)