Chico's FAS, Inc. Reports First Quarter Results

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Chicos FAS (CHS) Tops Q1 EPS by 2c, Offers Outlook

June 11, 2019 7:17 AM EDT

Chicos FAS (NYSE: CHS) reported Q1 EPS of $0.05, $0.02 better than the analyst estimate of $0.03. Revenue for the quarter came in at $517.7 million versus the consensus estimate of $518.3 million.

total comps declined 7%

Fiscal 2019 Second Quarter and Full-Year Outlook

The Company is initiating outlook for the second quarter of fiscal 2019 and is updating its full year fiscal 2019 outlook from its previous outlook. The outlook for both the second quarter and fiscal year excludes expected net charges related to the Company's retail fleet optimization plan.

For the fiscal 2019 second quarter,... More