Chico's FAS, Inc. (NYSE:CHS)
CAPS Rating:
The Company is a specialty retailer of casual-to-dressy clothing, intimates, complementary accessories, and other non-clothing gift items under the Chico's, White House | Black Market and Soma by Chico's brand names.
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Recent punishment is overdone, management stumbled but has good long-term track-record, balance sheet in excellent condition, valuation is almost down to Gap (GPS) level which is silly given the contrasting records and prospects of the companies. I think management can recover and begin executing effectively again.