Chicos CHS Sell in May and Go Away Stock Strategy
Chico’s FAS, Inc., (Stock Symbol: CHS) together with its subsidiaries, operates as a specialty retailer of casual-to-dressy clothing, intimates, complementary accessories, and other non-clothing gift items. The company offers its products under the Chico’s, White House, Black Market and Soma Intimates brand names.
The Chico’s brand sells primarily private branded clothing focusing on women 35 and over. It offers accessories such as handbags, belts, scarves, earrings, necklaces and bracelets.
The White House and Black Market brand sells fashionable clothing and accessory items, primarily in black and white and related shades focusing on women who are 25 years old and over. It offers accessories, such as handbags, shoes, belts, earrings, necklaces and bracelets.
The Soma Intimates brand offers private branded intimate apparel, including bras, panties and shape wear, active wear, sleepwear, robes and loungewear.
Chico’s FAS, Inc. was founded in 1983 and is based in Fort Myers, Florida.
Using the “Sell in May and Go Away” stock strategy for Chico’s over the past 5 years would have given you a 26.45% average return on your money from the November 1st to April 30th time period versus a -28.20% average loss from the May 1st to October 31st time period.
The 5 year average performance of Chico’s using a “Buy and Hold” strategy would have given you a -1.75% average return on your money – not a good deal in this case.
Some investors consider “Seasonal Stock Performance” when purchasing or selling Chico’s stock. This data illustrates the average monthly return for the past 5 years. Users often also consider the number of times a stock increases or decreases for any given month.