Market Overview

Recap: Chico's FAS Q2 Earnings

Share:

Shares of Chico's FAS (NYSE:CHS) rose 2% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share came in at ($0.33), which missed the estimate of ($0.25).

Revenue of $306,174,000 declined by 39.77% from the same period last year, which missed the estimate of $346,170,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: Aug 26, 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.%2F&eventid=2533961&sessionid=1&key=2EDEC391C2D3715F3970937A2468CA4F&regTag=&sourcepage=register

Price Action

52-week high: $5.14

52-week low: $0.93

Price action over last quarter: Up 4.58%

Company Overview

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.

 

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Posted-In: Earnings News