Chico’s FAS (CHS) Posts Quarterly Earnings Results, Beats Expectations By $0.01 EPS
Chico’s FAS (NYSE:CHS) released its quarterly earnings results on Wednesday. The specialty retailer reported $0.13 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.12 by $0.01, RTT News reports. Chico’s FAS had a net margin of 4.26% and a return on equity of 12.82%. The firm had revenue of $544.72 million during the quarter, compared to analyst estimates of $541.02 million. During the same quarter in the prior year, the firm earned $0.18 EPS. The business’s revenue for the quarter was down 5.9% compared to the same quarter last year.
Chico’s FAS stock opened at $8.83 on Wednesday. The company has a market capitalization of $1.21 billion, a P/E ratio of 12.99, a PEG ratio of 1.00 and a beta of 0.75. Chico’s FAS has a 12-month low of $6.96 and a 12-month high of $10.90. The company has a quick ratio of 1.03, a current ratio of 1.88 and a debt-to-equity ratio of 0.08.
The company also recently announced a quarterly dividend, which will be paid on Monday, October 1st. Investors of record on Monday, September 17th will be issued a $0.085 dividend. This represents a $0.34 annualized dividend and a yield of 3.85%. The ex-dividend date of this dividend is Friday, September 14th. Chico’s FAS’s dividend payout ratio is 50.00%.
About Chico’s FAS
Chico's FAS, Inc operates as an omni-channel specialty retailer of women's private branded, casual-to-dressy clothing, intimates, and complementary accessories. The company's portfolio of brands consists of the Chico's, White House Black Market (WHBM), and Soma. The Chico's brand primarily sells private branded clothing focusing on women 45 and older.
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