Chico’s FAS, a women’s apparel manufacturer witnessed weaker than expected earnings for the third quarter. It posted quarterly net income of US $ 26.5 million against the adjusted net income of US $ 35.8 million in the year ago period. Its revenue increased by 1.5 per cent to US $ 665.6 million in the period while comparable sales fell 1.6 per cent in for the third quarter, against the 1.4 per cent declined in the year ago quarter. “In addition to our brand strategies, fiscal discipline is an important driver of value creation. We remain focused on inventory management and ensuring SG&A and capital investments are aligned with meaningful growth opportunities. We are making progress on the initiatives discussed at our analyst day to achieve these objectives and expect the benefits to become more visible in our results over the coming quarters,” said Todd E. Vogensen, Senior Vice President and CFO.
Bharat Tex Special Report 2026 
