Chicos FAS, Inc. (CHS) Misses Q2 EPS by 6c; Comps Up 0.3%

Chicos FAS, Inc. (NYSE: CHS) reported Q2 EPS of $0.20, $0.06 worse than the analyst estimate of $0.26. Revenue for the quarter came in at $671.1 million versus the consensus estimate of $677.91 million.

Comps rose 0.3 percent.

At the end of the second quarter of 2014, total inventories per selling square foot increased 2.5%, excluding in-transit inventories. The increase primarily reflects a slightly higher average unit cost for inventories on hand and forward fabric commitments. In-transit inventories increased by $11.2 million, primarily reflecting an increase in the amount and timing of shipping via ocean compared to 2013.

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

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