Chico's FAS Q2 Earnings Retreat 11%

(RTTNews) - Chico's FAS (CHS) released a profit for second quarter that decreased compared to the same period last year.

The company said its earnings dropped to $33.31 million, or $0.25 per share. This was lower than $37.55 million, or $0.26 per share, in last year's second quarter.

Analysts had expected the company to earn $0.22 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 7.3% to $635.73 million. This was down from $685.83 million last year.

Chico's FAS earnings at a glance:

-Earnings (Q2): $33.31 Mln. vs. $37.55 Mln. last year. -Earnings Decline (Y-o-Y): -11.3% -EPS (Q2): $0.25 vs. $0.26 last year. -EPS Decline (Y-o-Y): -3.8% -Analysts Estimate: $0.22 -Revenue (Q2): $635.73 Mln vs. $685.83 Mln last year. -Revenue Change (Y-o-Y): -7.3%