Chico's FAS Bottom Line Advances 1% In Q1

(RTTNews) - Chico's FAS (CHS) revealed a profit for its first quarter that gained ground compared to the same period last year.

The company said its bottom line came in at $33.62 million, or $0.26 per share. This was up from $33.35 million, or $0.25 per share, in last year's first quarter.

Analysts had expected the company to earn $0.29 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 9.2% to $583.73 million. This was down from $642.97 million last year.

Chico's FAS earnings at a glance:

-Earnings (Q1): $33.62 Mln. vs. $33.35 Mln. last year. -Earnings Growth (Y-o-Y): 0.8% -EPS (Q1): $0.26 vs. $0.25 last year. -EPS Growth (Y-o-Y): 4.0% -Analysts Estimate: $0.29 -Revenue (Q1): $583.73 Mln vs. $642.97 Mln last year. -Revenue Change (Y-o-Y): -9.2%