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Chico's FAS, Inc. (CHS) CEO Molly Langenstein on Q4 2020 Results - Earnings Call Transcript

Mar. 02, 2021 1:12 PM ETChico's FAS, Inc. (CHS)
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Chico's FAS, Inc. (NYSE:CHS) Q4 2020 Results Earnings Conference Call March 2, 2021 8:00 AM ET

Company Participants

David Oliver - Interim Chief Financial Officer and Senior Vice President Finance, Controller

Molly Langenstein - CEO and President

Conference Call Participants

Susan Anderson - B. Riley

Marni Shapiro - Retail Tracker

Dana Telsey - Telsey Group


Welcome to Chico's FAS Fourth Quarter and Fiscal Year End 2020 Conference Call and Webcast. All participants will be in a listen-only mode. Please note this call is being recorded.

I would now like to turn the call over to David Oliver, Interim Chief Financial Officer and Senior Vice President, Controller. Mr. Oliver, please go ahead.

David Oliver

Good morning, and welcome to the Chico's FAS fourth quarter and fiscal year 2020 conference call and webcast. Molly Langenstein, our CEO and President, also joins me today. For reference, our earnings release can be found on our website at www.chicosfas.com and under press releases on the Investor Relations page.

Today's comments will include forward-looking statements regarding our current expectations, assumptions, plans, estimates, judgments and projections about our business and our industry, which speaks only as of today's date. You should not unduly rely on forward-looking statements. Important factors that could cause actual results or events to differ materially from those projected or implied by our forward-looking statements are included in our earnings release issued this morning, in our SEC filings and in the comments that are made on this call. We disclaim any obligations to update or revise any information discussed on this call, except as may otherwise required by law.

And with that, I'll turn the call over to Molly.

Molly Langenstein

Thank you, David, and good morning everyone. Although 2020 and pandemic uncertainty created a sales environment that was challenging as reflected in the results, we successfully

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