Chico’s FAS, Inc. (NYSE:CHS) today announced its financial results for the fiscal 2013 fourth quarter and fiscal year ended February 1, 2014. For the fourth quarter, net sales were $610.2 million, a decrease of 6.4% compared to $651.9 million in last year’s fourth quarter, primarily reflecting 115 net new stores for a square footage increase of 8.4%, offset by a decrease in comparable sales and approximately $38 million attributable to the fifty-third week of fiscal 2012. For the fourth quarter, gross margin was $309.6 million compared to $346.7 million in last year’s fourth quarter. Gross margin was 50.7% of net sales, a 250 basis point decrease from last year’s fourth quarter, primarily reflecting increased promotional activity in response to lower traffic, partially offset by lower incentive compensation as a percent of net sales. Chico’s FAS, Inc. (NYSE:CHS) stock opened at $16.76 in last trading session, and closed at $16.47, trading in the range of $16.08 – $17.00. The stock showed a negative weekly performance of -3.06%.
New Oriental Education & Tech Grp (ADR) (NYSE:EDU) stock has an average recommendation of Buy with an average target price of $36.90. New Oriental Education & Tech Grp (ADR) (NYSE:EDU) shares closed at $28.09 on last trade day, by losing -6.83%. Stock 52 week range is $14.40 – $34.50. Company’s market capitalization is $4.40 billion.
dELiA*s, Inc. (NASDAQ:DLIA) is a retail company comprised of two lifestyle brands primarily targeting teenage girls and young women. The Company generates revenue by selling predominantly to teenage consumers through direct mail catalogs, Websites and retail stores. It operates in dELiA*s brand. Through its e-commerce Webpages, catalogs and retail stores, dELiA*s (the brand) offers a variety of product categories to teenage girls to cater to an entire lifestyle. Through its catalogs and the e-commerce Webpages, it sells many name brand products along with its own brand products in key teenage spending categories. dELiA*s, Inc. (NASDAQ:DLIA) stock decreased -16.67% and finished the last session at $1.00. The EPS of the stock remained -1.37. Company’s market capitalization is $69.17 billion.
Quad/Graphics, Inc. (NYSE:QUAD) reported fourth quarter and full-year 2013 results. Prior year financial results do not include the acquisition of Vertis, Inc. (“Vertis”), which was acquired on January 16, 2013. For full financial results, including reconciliations of non-GAAP financial measures, please see the accompanying information. Generated $1.3 billion in net sales during the fourth quarter and $4.8 billion in net sales for full-year 2013. Achieved $198 million in fourth quarter Adjusted EBITDA and $577 million in full-year Adjusted EBITDA. Generated $380 million in full-year Recurring Free Cash Flow. Achieved yearend Debt Leverage Ratio of 2.44x, which is within the Company’s targeted range of 2.0x to 2.5x. Declares quarterly dividend of $0.30 per share. Quad/Graphics, Inc. (NYSE:QUAD) stock opened at $25.12 in last trading session and closed at $23.50. The 52 week range of the stock is $18.45 – $36.89 and the day range was $22.28 – $25.12.