Chico's FAS Announces 25% Retreat In Q1 Profit

(RTTNews) - Chico's FAS (CHS) reported a profit for first quarter that fell compared to the same period last year.

The company said its bottom line totaled $33.4 million, or $0.25 per share. This was down from $44.5 million, or $0.30 per share, in last year's first quarter.

The company said revenue for the quarter fell 7.9% to $642.98 million. This was down from $697.77 million last year.

Chico's FAS earnings at a glance:

-Earnings (Q1): $33.4 Mln. vs. $44.5 Mln. last year. -Earnings Decline (Y-o-Y): -24.9% -EPS (Q1): $0.25 vs. $0.30 last year. -EPS Decline (Y-o-Y): -16.7% -Revenue (Q1): $642.98 Mln vs. $697.77 Mln last year. -Revenue Change (Y-o-Y): -7.9%