Chico's FAS Q2 Income Drops

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

The company's profit came in at $16.77 million, or $0.13 per share. This compares with $22.72 million, or $0.18 per share, in last year's second quarter.

Analysts had expected the company to earn $0.12 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 5.9% to $544.72 million from $578.58 million last year.

Chico's FAS earnings at a glance:

-Earnings (Q2): $16.77 Mln. vs. $22.72 Mln. last year. -EPS (Q2): $0.13 vs. $0.18 last year. -Analysts Estimate: $0.12 -Revenue (Q2): $544.72 Mln vs. $578.58 Mln last year.