FORT MYERS, Fla., April 10 /PRNewswire-FirstCall/ -- Chico's FAS, Inc.
(NYSE: CHS) today reported that its March sales results for the five-week
period ended April 7, 2007, increased 22.0% to $191.2 million from $156.8
million reported for the five-week period ended April 1, 2006. Comparable
store sales for the Company-owned stores increased 5.2% for the five-week
period ended April 7, 2007 compared to the same five-week period last year
ending April 8, 2006.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030428/CHICOLOGO )
For the nine-week period ended April 7, 2007, total sales increased 19.3%
to $304 million from $255 million reported for the nine-week period ended
April 1, 2006. Comparable store sales for the Company-owned stores increased
1.5% for the nine-week period ended April 7, 2007 compared to the nine-week
period last year ending April 8, 2006.
Additional details on March and year-to-date sales are as follows:
March Sales Percent Increase
(dollars in millions) Comparable Store Sales
Fiscal 2007 Fiscal 2006 Total Sales Fiscal Comparable
Basis (a) Basis (b)
$191.2 $156.8 22.0% 7.3% 5.2%
Year-to Date Sales Percent Increase
(dollars in millions) Comparable Store Sales
Fiscal 2007 Fiscal 2006 Total Sales Fiscal Comparable
Basis (a) Basis (b)
$304 $255 19.3% 4.9% 1.5%
(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 937 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 Intimates and Fitigues names. The Company has 561 Chico's
front-line stores, 34 Chico's outlet stores, 264 White House | Black Market
front-line stores, 17 White House | Black Market outlet stores, 53 Soma
Intimates stores, 7 Fitigues front-line stores and 1 Fitigues 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- 04/10/2007
/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: http://www.newscom.com/cgi-bin/prnh/20030428/CHICOLOGO /
/Web site: http://www.chicos.com /
(CHS)
CO: Chico's FAS, Inc.
ST: Florida
IN: REA FAS
SU: SLS
KC-RB
-- CLTU129 --
3412 04/10/2007 17:58 EDT http://www.prnewswire.com