Chico's fas, inc. reports better-than-expected first quarter results and raises full year outlook

Fort myers, fla. , june 7, 2022 /prnewswire/ -- delivered diluted eps of $0.28, well above high-end of outlook grew comparable sales 41% year-over-year, surpassing 2019 levels by 11% expanded gross margin rate to 40.0%, exceeding first quarter outlook by 230 basis points and outperforming last year's first quarter by 730 basis points generated income from operations of 8.4% of net sales, more than double first quarter outlook raised full year outlook, including increasing guidance for eps to $0.64 to $0.74 chico's fas, inc. (nyse: chs) (the "company" or "chico's fas") today announced its financial results for the thirteen weeks ended april 30, 2022 (the "first quarter").
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