3 minutes

Chico’s FAS (CHS) 4Q15 RESULTS: COMPS AND REVENUES DOWN; COMPS FLAT TO DOWN AND HIGHER EPS IN 2016

Primary Analyst: Coresight Research
Contributors
Primary Analyst: Coresight Research
Flash Report

Executive Summary

  • Chico’s reported 4Q15 adjusted EPS of $0.05 versus estimated EPS of $0.00. Net revenue for the quarter was $627.4 million, down 4.5% year over year from $657.9 million in 4Q14.
  • The fall in revenue was due to a decline of 3.2% in comparable sales and a decrease in sales of the Boston Proper line.
  • Chico’s guided for fiscal 2016 comps “flat to slightly down,” a flat gross margin, an operating margin approximately 100 basis points higher, and a $0.09 increase in EPS to $0.84.

Please Login to read the full report. Not a member? Register for a free user account.