What happened Coronavirus concerns continue to take a toll on the American economy -- and the retail sector in particular. Taking a snapshot of the market at 12:35 p.m. EST, Walmart (NYSE: WMT) stock is down 3.5%, Dollar Tree (NASDAQ: DLTR) is getting chopped 3.4%, and Dollar General (NYSE: DG) is 4% cheaper. No surprise there. These are all big consumer staple companies (the smallest, Dollar Tree, is still a bona fide big cap at $19.5 billion in market value), and you'd expect them to broadly track the course of the economy. With the Dow Jones Industrial Average down 2.2% today and the S&P 500 off 1.7%, it makes sense that many retailers would be down as well. But here's something unusual: Shares of Big Lots (NYSE: BIG) are down 29%, and Chico's FAS (NYSE: CHS) stock is up 11%. Let's dive in to see what's going on. Image source: Getty Images. So what In the case of Big Lots, an earnings miss is exacerbating the stock's decline today. Q4 earnings at Big Lots, announced last night, came in light at just $2.39 per share, whereas Wall Street had expected $2.52. Sales likewise missed expectations by a smidge. Perhaps Big Lots' biggest sin, however, was in telling investors that it expects to earn no more than $0.45 per share next quarter (where Street analysts had predicted $0.95), and to close out the year with no more than $3.40 per share in earnings, well short of Wall Street's targeted $4.04 profit. Conversely, Chico's reported a stronger-than-expected quarter yesterday, and is receiving its reward today. Q4 sales eked out a win over analyst estimates, with same-store sales up 2.2% and total quarterly sales at $527.1 million. Chico's lost money for the quarter ($0.04 per share), but because Wall Street was anticipating a $0.06-PER-SHARE loss, this is being marked down as a "beat" for Chico's. Now what In contrast to Big Lots, which warns that "we expect a challenging first quarter of 2020, due in part to upfront investments in our higher-return growth initiatives, combined with a slow start to the quarter and the sales impact of supply chain disruption related to the coronavirus," Chico's struck an optimistic note about the year ahead. The women's clothier sees sales rising by at least "low single digits" for both Q1 2020 and fiscal year 2020. With Wall Street still warning that sales will decline, but Chico's saying the opposite, investors are right to be cheering this lone bit of good news on this otherwise dreary day for stock investors. 10 stocks we like better than Chico's FASWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Chico's FAS wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of December 1, 2019 Rich Smith has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Source