Chico's posts 2Q profit, results miss Wall Street expectations

MarketsAssociated Press

Chico's FAS Inc. (CHS) on Wednesday reported fiscal second-quarter earnings of $30.1 million.

The Ft Myers, Florida-based company said it had profit of 20 cents per share.

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The results did not hit Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 26 cents per share.

The clothing chain posted revenue of $671.1 million in the period, which also did not hit Street forecasts. Analysts expected $677.9 million, according to Zacks.

Chico's shares have fallen 15 percent since the beginning of the year. The stock has risen nearly 3 percent in the last 12 months.


This story was generated by Automated Insights ( ) using data from Zacks Investment Research. A stock research report on CHS from Zacks is available at:


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