Chico's FAS reported $545.13 million in revenue for the quarter ended July 2023, representing a year-over-year decline of 2.4%. EPS of $0.28 for the same period compares to $0.34 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $554.9 million, representing a surprise of -1.76%. The company delivered an EPS surprise of +3.70%, with the consensus EPS estimate being $0.27.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Chico's performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Number of stores - Total (EOP): 1258 versus the two-analyst average estimate of 1262.5.
- Number of stores - Total Chicos: 604 compared to the 604.5 average estimate based on two analysts.
- Number of stores - Total WH/BM: 375 compared to the 375.5 average estimate based on two analysts.
- Number of stores - Total Soma: 279 versus 282.5 estimated by two analysts on average.
- Net sales- Chico?s: $274.22 million compared to the $282.90 million average estimate based on two analysts. The reported number represents a change of -2.7% year over year.
- Net sales- Soma: $120.86 million versus $126.50 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +2.1% change.
- Net sales- White House Black Market: $150.05 million compared to the $145.45 million average estimate based on two analysts. The reported number represents a change of -5.4% year over year.
View all Key Company Metrics for Chico's here>>>Shares of Chico's have returned -16.1% over the past month versus the Zacks S&P 500 composite's -3.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Zacks Names #1 Semiconductor Stock
It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.
With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.
See This Stock Now for Free >>
Chico's FAS reported $545.13 million in revenue for the quarter ended July 2023, representing a year-over-year decline of 2.4%. EPS of $0.28 for the same period compares to $0.34 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $554.9 million, representing a surprise of -1.76%. The company delivered an EPS surprise of +3.70%, with the consensus EPS estimate being $0.27.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Chico's performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Number of stores - Total (EOP): 1258 versus the two-analyst average estimate of 1262.5.
- Number of stores - Total Chicos: 604 compared to the 604.5 average estimate based on two analysts.
- Number of stores - Total WH/BM: 375 compared to the 375.5 average estimate based on two analysts.
- Number of stores - Total Soma: 279 versus 282.5 estimated by two analysts on average.
- Net sales- Chico?s: $274.22 million compared to the $282.90 million average estimate based on two analysts. The reported number represents a change of -2.7% year over year.
- Net sales- Soma: $120.86 million versus $126.50 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +2.1% change.
- Net sales- White House Black Market: $150.05 million compared to the $145.45 million average estimate based on two analysts. The reported number represents a change of -5.4% year over year.
View all Key Company Metrics for Chico's here>>>Shares of Chico's have returned -16.1% over the past month versus the Zacks S&P 500 composite's -3.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Zacks Names #1 Semiconductor Stock
It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.
With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.
See This Stock Now for Free >>