Chico's FAS, Inc. (NYSE:CHS) is set to announce third quarter earning results on Tuesday 24th November 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, CHS to report 3Q20 loss of $ 0.16 per share from revenue of $ 376.72 million.
For the full year, analysts anticipate top line of $ 1449.65 million, while looking forward to loss of $ 2.2 per share bottom line.
Previous Quarter Performance
Chico's FAS, Inc. unveiled loss for the second quarter of $ 0.02 per share, from the net sales of $ 508.36 million. The quarterly revenues decreased 6.67 percent compared with the same quarter last year. According to street consensus, net sales of $ 513.34 million was expected for the second quarter The top line results fell short of analysts by $ 4.98 million or 0.97 percent.
Stock Performance
Shares of Chico's FAS, Inc. traded up $ 0.07 or 4.12 percent on Monday, reaching $ 1.77 with volume of 2.73 million shares. Chico's FAS, Inc. has traded high as $ 1.84 and has cracked $ 1.71 on the downward trend
According to the previous trading day, closing price of $ 1.77, representing a 86.81 % increase from the 52 week low of $ 0.91 and a 66.93 % decrease over the 52 week high of $ 5.14.
The company has a market capital of $ 213.89 million and is part of the Consumer Cyclical sector and Apparel Stores industry.
Conference Call
Chico's FAS, Inc. will be hosting a conference call at 8:00 AM eastern time on 24th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.chicosfas.com
Chicos FAS, Inc. operates as an omnichannel specialty retailer of womens private branded casual-to-dressy clothing, intimates, and complementary accessories. It operates under the Chicos, White House Black Market (WHBM), and Soma brand names.
