Recap: Chico's FAS Q1 Earnings

Shares of Chico's FAS CHS fell 18.7% after the company reported Q1 results.

Quarterly Results

Earnings per share were down 860.00% year over year to ($0.38), which missed the estimate of ($0.07).

Revenue of $280,264,000 declined by 45.87% from the same period last year, which missed the estimate of $388,270,000.

Looking Ahead

Chico's FAS hasn't issued any earnings guidance for the time being.

Chico's FAS hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: Jun 10, 2020

Time: 08:30 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=http%3A%2F%2Fchicosfas.com%2Finvestors%2Fevents-and-presentations%2Fdefault.aspx&eventid=2156823&sessionid=1&key=1F7F26E0A0D4132C2CDC2CBCF41A3B94&regTag=&sourcepage=register

Price Action

52-week high: $5.14

Company's 52-week low was at $0.93

Price action over last quarter: down 57.24%

Company Description

Chico's FAS Inc is an apparel retailer with a portfolio of private-label brands that sell women's clothing and accessories. Brands include Chico's, White House/Black Market, and Soma Intimates. The brands generally target women over 35 years old with moderate to high-income levels. It sells directly to the consumer through its retail stores, websites, and telephone call centers. The company sources most of its product from foreign manufacturers and distributes all products from its distribution center in Georgia.