Chico`s Fas, Inc.

NYSE:CHS  
5.46
+0.22 (+4.20%)
4:00:00 PM EDT: $5.46 0.00 (0.00%)
Positive Earnings Pre-Announcement

Chico's FAS Reports Q1 Results And Raises Full Year Outlook

Published: 06/07/2022 11:14 GMT
Chico`s Fas, Inc. (CHS) - Chico's Fas, Inc. Reports Better-than-expected First Quarter Results and Raises Full Year Outlook.
Q1 Earnings per Share $0.28.
Q1 Sales $540.9 Million Versus $388 Million.
Raised Full Year Outlook, Including Increasing Guidance for EPS to $0.64 to $0.74.
Qtrly Comparable Sales Grew 41% Year-over-year, Surpassing 2019 Levels by 11%.
Sees Q2 Earnings per Share $0.21 to $0.26.
Sees FY Sales $2.13 Billion to $2.16 Billion.
Sees Q2 Sales $535 Million to $550 Million.
Sees Q2 Gross Margin Rate As a Percent of Net Sales of 38.7% to 39.4%.
Sees FY Gross Margin Rate As a Percent of Net Sales of 38.3% to 38.6%.
Revenue is expected to be $543.9 Million
Adjusted EPS is expected to be $0.25

Next Quarter Revenue Guidance is expected to be $508.3 Million
Next Quarter EPS Guidance is expected to be $0.11

More details on our Analysts Page.