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Chico's FAS, Inc. Reports July Sales

08/09/2007

FORT MYERS, Fla., Aug. 9 /PRNewswire-FirstCall/ -- Chico's FAS, Inc. (NYSE: CHS) today reported that its sales results for the four-week period ended August 4, 2007, increased 10.4% to $121.4 million from $110.0 million reported for the four-week period ended July 29, 2006. Comparable store sales for the Company-owned stores decreased 6.7% for the four-week period ended August 4, 2007 compared to the same four-week period last year ending August 5, 2006.

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

Total sales for the second quarter ended August 4, 2007 increased 8.1% to $436 million from $403 million for the same period a year ago. Comparable store sales for the Company-owned stores decreased 5.6% for the thirteen-week period ended August 4, 2007 compared to the same thirteen-week period last year ending August 5, 2006.

For the twenty-six weeks ended August 4, 2007, total sales increased 12.0% to $889 million from $794 million reported for the twenty-six week period ended July 29, 2006. Comparable store sales for the Company-owned stores decreased 3.6% for the twenty-six week period ended August 4, 2007 compared to the same twenty-six week period last year ending August 5, 2006.

Additional details on July, quarter-to-date and year-to-date sales are as follows:

              July Sales                  Percent Increase/(Decrease)
         (dollars in millions)                      Comparable Store Sales
       Fiscal 2007    Fiscal 2006    Total Sales    Fiscal      Comparable
                                                    Basis (a)   Basis (b)

         $121.4         $110.0          10.4%       (6.0)%        (6.7)%


         Quarter-to-Date Sales            Percent Increase/(Decrease)
         (dollars in millions)                      Comparable Store Sales
                                                    Fiscal      Comparable
       Fiscal 2007    Fiscal 2006    Total Sales    Basis (a)   Basis (b)

           $436          $403           8.1 %       (7.7)%        (5.6)%


          Year-to Date Sales              Percent Increase/(Decrease)
         (dollars in millions)                      Comparable Store Sales
                                                    Fiscal      Comparable
       Fiscal 2007    Fiscal 2006    Total Sales    Basis (a)   Basis (b)

           $889          $794          12.0 %       (3.3)%        (3.6)%

    (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 958 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 570 Chico's front-line stores, 35 Chico's outlet stores, 272 White House | Black Market front-line stores, 17 White House | Black Market outlet stores, 63 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-                             08/09/2007
    /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:  FAS REA
SU:  SLS

DB-LA
-- CLTH020 --
3633 08/09/2007 07:15 EDT http://www.prnewswire.com
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Investor Contact

  • David M. Oliver

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