CHS - Chico's FAS GAAP EPS of $0.32 revenue of $534.74M

2023-06-06 07:05:28 ET

• Chico's FAS press release ( NYSE: CHS ): Q1 GAAP EPS of $0.32.
• Revenue of $534.74M (-1.1% Y/Y).
• Q2 Outlook : Consolidated net sales of $545M to $565M; Gross margin rate as a percent of net sales of 39.0% to 39.5%; SG&A as a percent of net sales of 30.5% to 31.0%; Effective income tax rate of 28.0% to 29.0%; Earnings per diluted share of $0.25 to $0.30.
• FY2023 Outlook : Consolidated net sales of $2,175 million to $2,205 million; Gross margin rate as a percent of net sales of 38.4% to 38.8%; SG&A as a percent of net sales of 32.6% to 33.0%; Effective income tax rate of 26.0%; Earnings per diluted share of $0.70 to $0.82; Capital and cloud-based expenditures of $80 million to $90 million.

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