Press Release Details

Home Home  >  Investors  >  Press Releases  >  Press Release Details
View all Press Releases

Chico's FAS, Inc. Reports Record July Sales

08/03/2006
                  * July Sales Up 16.3% Over July Last Year
                 * July Comparable Store Sales Increase 4.9%

FORT MYERS, Fla., Aug. 3 /PRNewswire-FirstCall/ --Chico's FAS, Inc. (NYSE: CHS) today reported July sales results for the four-week period ended July 29, 2006, increased 16.3% to $110.3 million from $94.8 million reported for the prior year's four-week period ended July 30, 2005. Comparable store sales for the Company-owned stores increased 4.9% for the four-week period ended July 29, 2006, compared to the same four-week period last year.

(Logo: http://www.newscom.com/cgi-bin/prnh/20030428/CHICOLOGO )

Total sales for the second quarter ended July 29, 2006 increased 18.0% to $405 million from $343 million for the same period a year ago. Comparable store sales for the Company-owned stores increased 5.7% for the thirteen-week period compared to the same thirteen-week period last year.

For the twenty-six weeks ended July 29, 2006, total sales increased 18.9% to $797 million from $670 million for the same period a year ago. Comparable store sales for the Company-owned stores increased 6.2% for the twenty-six week period compared to the same twenty-six week period last year.

The Company is a specialty retailer of private label, sophisticated, casual-to-dressy clothing, intimates, complementary accessories, and other non-clothing gift items. The Company operates 813 women's specialty stores, including stores in 47 states, the District of Columbia, the U.S. Virgin Islands and Puerto Rico operating under the Chico's, White House | Black Market, Soma by Chico's and Fitigues names. The Company owns 510 Chico's front-line stores, 32 Chico's outlet stores, 213 White House | Black Market front-line stores, 11 White House | Black Market outlet stores, 23 Soma by Chico's stores, 10 Fitigues front-line stores and 1 Fitigues outlet store; franchisees own and operate 13 Chico's stores.

Certain statements contained herein, including without limitation, statements addressing the beliefs, plans, objectives, estimates or expectations of the Company or future results or events constitute "forward- looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Such forward-looking statements involve known or unknown risks, including, but not limited to, general economic and business conditions, and conditions in the specialty retail industry. There can be no assurance that the actual future results, performance, or achievements expressed or implied by such forward-looking statements will occur. Users of forward-looking statements are encouraged to review the Company's latest annual report on Form 10-K, its filings on Form 10-Q, management's discussion and analysis in the Company's latest annual report to stockholders, the Company's filings on Form 8-K, and other federal securities law filings for a description of other important factors that may affect the Company's business, results of operations and financial condition. The Company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that projected results expressed or implied in such statements will not be realized.

For more detailed information, please call (877) 424-4267 to listen to the

Company's monthly sales information and investor relations line

A copy of a slide show addressing the Company's recent financial results and

current plans for expansion is available on the Company's website at

           http://www.chicos.com in the investor relations section

Additional investor information on Chico's FAS, Inc. is available free of

charge on the Company's website at http://www.chicos.com in the investor

                              relations section

    Executive Contacts:

    Charles J. Kleman                      F. Michael Smith
    Executive Vice President               Vice President
    Chief Financial Officer                Investor and Community Relations
    Chico's FAS, Inc.                      Chico's FAS, Inc.
    (239) 274-4105                         (239) 274-4797


SOURCE  Chico's FAS, Inc.
    -0-                             08/03/2006
    /CONTACT:  Charles J. Kleman, Executive Vice President, Chief Financial
Officer, +1-239-274-4105, or F. Michael Smith, Vice President, Investor and
Community Relations, +1-239-274-4797, both of Chico's FAS, Inc./
    /Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20030428/CHICOLOGO
              AP Archive:  http://photoarchive.ap.org
              PRN Photo Desk, photodesk@prnewswire.com /
    /Web site:  http://www.chicos.com /
    (CHS)

CO:  Chico's FAS, Inc.
ST:  Florida
IN:  REA
SU:  SLS





























MD
-- FLTH004 --
5039 08/03/2006 07:15 EDT http://www.prnewswire.com
Categories: Press Releases
View all Press Releases

Investor Contact

  • David M. Oliver

  • Senior Vice President, Finance - Controller
  • cfo@chicos.com