Chico's FAS, Inc.
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Molly Langenstein
- Full Time Employees
- 14,238
- Sector
- Consumer Cyclical
- Industry
- Apparel - Retail
- Address
- 11215 Metro Parkway Fort Myers FL United States of America 33966
- IPO Date
- Mar 24, 1993
- CIK
- 0000897429
- Website
- chicosfas.com
- Similar Companies
- Business
- Chico's FAS, Inc. operates as a specialty retailer of women's apparel, intimates, accessories, and related products through its portfolio of brands including Chico's, White House Black Market, and Soma. The company offers private label casual-to-dressy clothing such as knit tops, woven tops, pants, jeans, dresses, skirts, shorts, jackets, athleisure wear, swimwear, and shoes under the Chico's brand; monochromatic apparel, accessories including jewelry, scarves, belts, and handbags under White House Black Market; and bras, sleepwear, shapewear, loungewear, and lingerie under Soma, with features like Travelers wrinkle-resistant fabrics, Zenergy UPF protection, So Slimming fit technology, Touch of Cool knits, and No Iron shirts. Founded in 1983 on Sanibel Island, Florida, by Marvin and Helene Gralnick and headquartered at 11215 Metro Parkway in Fort Myers, Florida, Chico's FAS maintains approximately 1,256 boutiques and outlets across the United States including Puerto Rico and the U.S. Virgin Islands, supplemented by e-commerce platforms for each brand and prior franchise operations in Mexico. In January 2024, Sycamore Partners, a private equity firm focused on retail investments, completed the acquisition of Chico's FAS for approximately $1 billion in an all-cash transaction at $7.60 per share, taking the company private and delisting its shares from the New York Stock Exchange. This go-private deal provides enhanced financial resources and strategic flexibility to support growth initiatives for its brands, including potential expansions in distribution, product development, and operational efficiencies under Sycamore's portfolio. The acquisition builds on prior developments such as the 2016 divestiture of Boston Proper and the 2023 phase-out of the TellTale online underwear brand, aligning leadership including CEO Molly Langenstein with Sycamore's vision for customer-led innovation.
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