RTTNews | Jan 11, 2022 07:55AM EST

07:54 Tuesday, January 11, 2022 (RTTNews.com) - Chico's FAS, Inc. (CHS) said, for the nine-week holiday period ending January 1, 2022, total net sales grew approximately 30% from last year. Comparable sales for the nine-week holiday period grew approximately 31.5%.

The company has updated its fourth quarter outlook and expects fourth quarter net sales at the low end of the $495 million to $510 million range previously provided. It expects earnings per share at the high end of the previously provided $0.00 to $0.05 range.

Molly Langenstein, Chico's FAS CEO, said: "We expect to report our first profitable year since fiscal 2018 and the best fourth quarter performance since fiscal 2017."

Read the original article on RTTNews ( https://www.rttnews.com/3254249/chico-s-fas-holiday-comps-up-approx-31-5-quick-facts.aspx)

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