Why Chico's FAS Stock Plummeted Wednesday [The Motley Fool]
Chico's FAS, Inc. (CHS)
Last chico's fas, inc. earnings: 2/27 07:02 am
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chicosfas.com/investor-relations/investor-overview/default.aspx
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Source: The Motley Fool
Ouch! Chico's shares just slid nearly 40%. Here's what you should know. Daniel Sparks ( TMFDanielSparks ) Nov 28, 2018 at 3:01PM What happened Women's apparel retailer Chico's FAS ( NYSE:CHS ) saw its stock fall as much as 39.6% on Wednesday. As of 2:06 p.m. EST, the company's shares were down 38.5%. Investors are heading for the exits because the retailer's financial results for its third quarter were worse than what management and analysts were expecting. In addition, the company's worsened outlook for full-year results is likely weighing on sentiment as well. Image source: Getty Images. So what Chico's third-quarter net sales were $499.9 million, down from $532.3 million in the year-ago quarter. On average, analysts were expecting net sales of $515.6 million. Earnings per share for the period came in at $0.05, down from $0.13 in the
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