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Chico’s Touts Strong Earnings, Billion-Dollar Potential for Soma

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

The turnaround at Chico’s FAS Inc. seems to have legs. The company on Tuesday posted an earnings surprise, helped by new product enhancements and full-price selling that gave the specialty retailer its best third-quarter performance since 2016. In a Nutshell: “We achieved another great quarter and the momentum continues,” Molly Langenstein, CEO and president, told Wall Street…

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