Chico's FAS, Inc. (NYSE:CHS) is reporting second quarter financial results on Wednesday 26th August 2020, before market open.
According to analysts surveyed by Thomson Reuters, CHS is expected to report 2Q20 loss of $ 0.25 per share from revenue of $ 346.17 million.
For the full year, analysts anticipate top line of $ 1584.18 million, while looking forward to loss of $ 1.8 per share bottom line.
Previous Quarter Performance
Chico's FAS, Inc. recorded loss for the first quarter of $ 1.55 per share, from the revenue of $ 280.26 million. The consensus estimates are loss of $ 0.25 per share from $ 324.60 million in revenue. The top line results fell short of analysts by $ 44.34 million or 13.66 percent.
Stock Performance
Shares of Chico's FAS, Inc. traded low $ -0.04 or -2.63 percent on Tuesday, reaching $ 1.30 with volume of 848.90 thousand shares. The stock opened positive for the day at $ 1.35, after closing the previous day trading at $ 1.33.
According to the previous trading day, closing price of $ 1.33, representing a 43.01 % increase from the 52 week low of $ 0.93 and a 74.12 % decrease over the 52 week high of $ 5.14.
The company has a market capital of $ 154.84 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 8:30 AM eastern time on 26th August 2020, to discuss its 2Q20 financial results with the investment community. The participants may dial, 1-877-883-0383 U.S. or 1-412-902-6506 (International), when prompted, enter passcode 9283861 in order to access the live audio call. 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.
