Recap: Chico's FAS Q3 Earnings

Shares of Chico's FAS CHS fell 1.1% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share decreased 950.00% year over year to ($0.42), which missed the estimate of ($0.15).

Revenue of $351,416,000 declined by 27.50% year over year, which missed the estimate of $374,970,000.

Guidance

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

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

How To Listen To The Conference Call

Date: Nov 24, 2020

Time: 08:00 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=http%3A%2F%2Fchicosfas.com%2F&eventid=2633867&sessionid=1&key=14E983407CAA40FB2F910591A173F87B&regTag=&sourcepage=register

Price Action

52-week high: $5.14

Company's 52-week low was at $0.91

Price action over last quarter: Up 31.88%

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.