Chicos FAS (CHS) Reports In-Line Q3 EPS; Comps Fell 1.6%

Chicos FAS (NYSE: CHS) reported Q3 EPS of $0.17, in-line with the analyst estimate of $0.17. Revenue for the quarter came in at $665.6 million versus the consensus estimate of $674.3 million.

Comps fell 1.6 percent.

At the end of the third quarter of 2014, total inventories per selling square foot increased 1.6%, excluding in-transit inventories. In-transit inventories increased by $10.0 million, primarily reflecting an increase in the length of in-transit times for ocean shipments, as well as delays at West Coast ports.

For earnings history and earnings-related data on Chicos FAS (CHS) click here.

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