By  on June 11, 2019

Chico’s FAS comeback plan has begun. And the stock is up as a result.

The company, which includes White House Black Market, Soma and the namesake brand under its umbrella, reported first-quarter fiscal-year 2019 results Tuesday morning before the bell. While both top- and bottom-line results fell compared with a year earlier, the results still beat expectations and were enough to tame investor fears of a company on the decline. The stock gained more than 8 percent during Tuesday’s trading session.

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