Chico's FAS, Inc. Reports Second Quarter Results

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Chicos FAS (CHS) Tops Q2 EPS by 28c

August 31, 2021 7:02 AM EDT

Chicos FAS (NYSE: CHS) reported Q2 EPS of $0.21, $0.28 better than the analyst estimate of ($0.07). Revenue for the quarter came in at $472.1 million versus the consensus estimate of $407.35 million.

"Our second quarter earnings performance was the best second quarter Chico's FAS has posted since 2013, and these results show the incredible progress we continue to make in our turnaround strategy, despite pandemic challenges. Our return to profitability in the quarter was driven by our strategic actions that grew sales, expanded gross margin, and diligently controlled our expenses," noted Molly Langenstein, Chico's FAS Chief... More