FT MYERS, Fla. (AP) _ Chico's FAS Inc. (CHS) on Wednesday reported a fiscal first-quarter loss of $178.3 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Ft Myers, Florida-based company said it had a loss of $1.55. Losses, adjusted for asset impairment costs and non-recurring costs, were 38 cents per share.

The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 16 cents per share.

The clothing chain posted revenue of $280.3 million in the period, also falling short of Street forecasts. Three analysts surveyed by Zacks expected $343.5 million.

The company's shares closed at $2.10. A year ago, they were trading at $3.41.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CHS at https://www.zacks.com/ap/CHS

Automated Insights, source Associated Press News