FORT MYERS, Fla., Sept. 5 /PRNewswire-FirstCall/ -- Chico's FAS, Inc.
(NYSE: CHS) today reported that its sales results for the four-week period
ended September 1, 2007, increased 6.3% to $118.8 million from $111.8 million
reported for the four-week period ended August 26, 2006. Comparable store
sales for the Company-owned stores decreased 9.3% for the four-week period
ended September 1, 2007 compared to the same four-week period last year ending
September 2, 2006.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030428/CHICOLOGO )
For the thirty weeks ended September 1, 2007, total sales increased 11.3%
to $1.01 billion from $906 million reported for the thirty week period ended
August 26, 2006. Comparable store sales for the Company-owned stores
decreased 4.3% for the thirty week period ended September 1, 2007 compared to
the thirty week period last year ending September 2, 2006.
Additional details on August and year-to-date sales are as follows:
August Sales Percent Increase/(Decrease)
(dollars in millions) Comparable Store Sales
Fiscal 2007 Fiscal 2006 Total Sales Fiscal Comparable
Basis(a) Basis (b)
$118.8 $111.8 6.3% (7.3)% (9.3)%
Year-to-Date Sales Percent Increase/(Decrease)
(dollars in billions) Comparable Store Sales
Fiscal 2007 Fiscal 2006 Total Sales Fiscal Comparable
Basis(a) Basis (b)
$1.01 $0.91 11.3% (3.8)% (4.3)%
(a) "Fiscal Basis" compares fiscal 2007 to fiscal 2006. (b) "Comparable
Basis" compares fiscal 2007 to the identical weeks last year. Each period
includes the same number of days.
The Company is a specialty retailer of private branded, sophisticated,
casual-to-dressy clothing, intimates, complementary accessories, and other
non-clothing gift items. The Company operates 967 women's specialty stores,
including stores in 48 states, the District of Columbia, the U.S. Virgin
Islands and Puerto Rico operating under the Chico's, White House | Black
Market and Soma Intimates names. The Company has 575 Chico's front-line
stores, 35 Chico's outlet stores, 274 White House | Black Market front-line
stores, 18 White House | Black Market outlet stores, 64 Soma Intimates front-
line stores and 1 Soma Intimates outlet store.
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 under Our Company
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 under Our Company
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- 09/05/2007
/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, [email protected]/
/Web site: http://www.chicos.com /
(CHS)
CO: Chico's FAS, Inc.
ST: Florida
IN: REA FAS
SU: SLS
TP-BS
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7600 09/05/2007 07:15 EDT http://www.prnewswire.com