Chico's FAS, Inc. Reports Third Quarter Results
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Chicos FAS (CHS) Tops Q3 EPS by 2c, Revenues Beat; Updates FY19 Operational Outlook to 'Reflect Improvements in the Business'
November 26, 2019 7:36 AM ESTChicos FAS (NYSE: CHS) reported Q3 EPS of ($0.04), $0.02 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $484.71 million versus the consensus estimate of $473.21 million.
Third quarter GAAP loss of $0.07 per diluted share; Adjusted loss of $0.04 per diluted shareSequential improvement in comparable sales for all brandsExecuting on strategic priorities, investing in growth areas, maintaining cost disciplineUpdates full-year fiscal 2019 outlook to reflect improvements in the business and tariff impact"Our third quarter results demonstrate that we are gaining traction on our strategic priorities. Comparable sales... More
