Chico's (CHS) announced that it earned $53.6 million, or 32 cents per share in its most recent fiscal quarter, versus $45.9 million, or 26 cents per share, in the same period last year, beating analyst estimates of 30 cents per share. Revenue increased by 21 percent to $650.8 million, beating estimates of $628.1 million. The company's revenue was $537.2 million in the same period last year.
Shares are higher in early trading.
Target (TGT) announced that it earned $697 million, or $1.04 per share, versus $689 million, or 99 cents per share, in the same period last year. Revenue increased by 5.9 percent to $16.86 billion. Analysts had expected earnings of $1.02 per share on revenue of $16.83 billion.
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