Chicos FAS, Inc. (CHS) Misses Q1 EPS by 2c

Chicos FAS, Inc. (NYSE: CHS) reported Q1 EPS of $0.26, $0.02 worse than the analyst estimate of$0.28. Revenue for the quarter came in at $681.6 million versus the consensus estimate of $681.42 million.

Comparable sales for the first quarter decreased 2.6% following flat comparable sales in last year's first quarter, reflecting lower average dollar sale as a result of the impact of a highly promotional environment in response to lower traffic due in part to inclement weather.

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

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