Company Earnings UpdateChico’s (CHS) 1Q17 Results: Comps Disappoint Coresight Research May 25, 2017 Executive Summary Chico’s FAS reported 1Q17 EPS of $0.26 versus the consensus estimate of $0.29. Total revenues were $583.7 million, below expectations of $624.8 million and down 9.2% year over year. The decline in sales was driven by a lower average dollar sale and a lower transaction count. Management adjusted its FY17 outlook based on the first-quarter results. Comps for the full year are now expected to decline by mid-single digits versus prior guidance for a low-single-digit decline and consensus of a 1.7% decline. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Three Data Points We’re Watching This Week, Week 32: US Store Tracker Extra4Q24 Earnings Season Wrap-Up: Widespread Positive Sales Growth Recorded This QuarterSentiment Hits Four-Month Low as Higher-Income Confidence Weakens; Plus, Mass Merchandisers and Warehouse Clubs in Focus: US Consumer Survey InsightsEarnings Insights 4Q24, Week 4: Birkenstock, Hermès, Sprouts and More Post Double-Digit Growth—Infographic
