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Chico's FAS, Inc. Reports August Sales

09/05/2007

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, photodesk@prnewswire.com/
    /Web site:  http://www.chicos.com /
    (CHS)

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

TP-BS
-- CLW022 --
7600 09/05/2007 07:15 EDT http://www.prnewswire.com
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Investor Contact

  • David M. Oliver

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