Chico's FAS Cuts FY23 Consolidated Net Sales Outlook From $2.22B-$2.25B To $2.175B-$2.205B (Consensus $2.22B)
Portfolio Pulse from Benzinga Newsdesk
Chico's FAS has reduced its FY23 consolidated net sales outlook from $2.22B-$2.25B to $2.175B-$2.205B, below the consensus estimate of $2.22B.
June 06, 2023 | 11:10 am
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Chico's FAS has cut its FY23 net sales outlook, which is now below consensus estimates.
Chico's FAS has lowered its FY23 net sales outlook, which is now below the consensus estimate. This negative news may lead to a decrease in investor confidence and potentially result in a short-term decline in the stock price.
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