NEW YORK — Chico’s FAS Inc. posted first-quarter results on Thursday that included gains in profits and revenues, but the company lowered full-year earnings-per-share guidance.
For the three months ended April 30, income rose 11.2 percent to $52.5 million, or 29 cents a diluted share, from $47.2 million, or 26 cents, in the same year-ago quarter. Sales climbed 19.8 percent to $392 million from $327.3 million, which included a same-store sales increase in the low-single digit range. Excluding catalogue and Internet, sales for the Chico’s/Soma brand rose 11 percent to $297 million, and sales at White House|Black Market increased 62 percent to $79 million.
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