Chico's FAS Expects Q2 Consolidated Net Sales Of $545M-$565M (Consensus $573.2M), EPS Of $0.25-$0.30 (Consensus $0.30)
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Chico's FAS expects Q2 consolidated net sales of $545M-$565M, below the consensus estimate of $573.2M, and EPS of $0.25-$0.30, in line with the consensus estimate of $0.30.
June 06, 2023 | 11:04 am
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Chico's FAS forecasts lower Q2 net sales than expected, while EPS is in line with estimates.
Chico's FAS expects lower Q2 net sales than the consensus estimate, which may negatively impact the stock price. However, the EPS forecast is in line with estimates, which could mitigate the impact to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100