RBC Capital Downgrades Chico's, Inc. (CHS) to Sector Perform

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Chicos FAS (CHS) Misses Q3 EPS by 3c, Comps Decline 6.8%

November 28, 2018 7:17 AM EST

Chicos FAS (NYSE: CHS) reported Q3 EPS of $0.05, $0.03 worse than the analyst estimate of $0.08. Revenue for the quarter came in at $499.88 million versus the consensus estimate of $515.63 million.

comparable sales decline of 6.8%

Fiscal 2018 Fourth Quarter and Full-Year Outlook

The Company expects to see some immediate benefit from its Chico's brand performance improvement actions in the fiscal 2018 fourth quarter. Given the timing of adjustments that are now being made, the Company... More