FT MYERS, Fla.
Chico’s FAS Inc. (CHS) posted a $79.1 million loss in its fiscal fourth quarter on Tuesday.
The company headquartered in Ft Myers, Florida, posted a loss of 68 cents per share. Adjusted for pretax expenses and asset impairment costs, the loss per share was 36 cents.
In that time frame, the apparel retailer made $386.2 million in sales.
The company’s loss rose to $360.1 million, or $3.11 per share, for the year. $1.32 billion in sales was registered.
The stock finished the day at $2.55. They were selling at $3.65 a year ago.