Wednesday, August 31, 2022

Chico's FAS Boosts FY22 Outlook As Q2 Results Top Estimates

Fashion retailer Chico's Fas Inc. (CHS) on Wednesday reported that net income for the second quarter surged to $41.96 million or $0.34 per share from $26.19 million or $0.21 per share in the year-ago quarter, driven by strong comparable sales growth and gross margin expansion.

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