Chicos, apparel retailer has enjoyed a steady rise in earnings and same store sales for the last five years. In the last two quarter the company has not met analysts expectations of sales and earnings. The company earnings rise was lower than sales growth in the quarter. Sales rose 20% and earnings rose 10.6%. The company lowered earnings guidance for the full year to $1.20 to $1.26 from $1.23 to $1.26. |
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