Chico's FAS Q1 EPS $0.32 Beats $0.27 Estimate, Sales $534.74M Miss $541.95M Estimate
Portfolio Pulse from Benzinga Newsdesk
Chico's FAS reported Q1 earnings of $0.32 per share, beating the $0.27 estimate by 18.52%, and a 14.29% increase YoY. However, sales of $534.74M missed the $541.95M estimate by 1.33%, a 1.14% decrease YoY.
June 06, 2023 | 11:01 am
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Chico's FAS Q1 earnings beat estimates, but sales missed expectations.
Chico's FAS reported better-than-expected earnings, but sales missed estimates. The mixed results may lead to a neutral short-term impact on the stock price, as investors weigh the positive earnings against the disappointing sales.
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