Alan Brochstein, CFA
Contrarian, growth at reasonable price, management change, cannabis stocks

Chico's FAS Attracts Activist Investor Cliff Robbins

Retailer Chico's FAS (NYSE:CHS) has posted back-to-back disappointing quarters, and the recent price decline (-13% YTD) reflects a sharp erosion in the likely earnings for 2013, now projected to decline 4% after analysts had projected about 16% growth when the year began. The weak performance has been partially a func...

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