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Chico's FAS, Inc. Reports November Sales

12/04/2007

FORT MYERS, Fla., Dec. 4 /PRNewswire-FirstCall/ -- Chico's FAS, Inc. (NYSE: CHS) today reported that its sales results for the four-week period ended December 1, 2007, increased 5.4% to $133.6 million from $126.8 million reported for the four-week period ended November 25, 2006. Comparable store sales for the Company-owned stores decreased 13.7% for the four-week period ended December 1, 2007 compared to the same four-week period last year ending December 2, 2006.

For the forty-three weeks ended December 1, 2007, total sales increased 8.7% to $1.44 billion from $1.32 billion reported for the forty-three week period ended November 25, 2006. Comparable store sales for the Company-owned stores decreased 6.3% for the forty-three week period ended December 1, 2007 compared to the forty-three week period last year ending December 2, 2006.

    Additional details on November and year-to-date sales are as follows:


     November Sales                 Percent Increase/(Decrease)
    (dollars in millions)                     Comparable Store Sales
    Fiscal         Fiscal      Total         Fiscal          Comparable
     2007           2006       Sales         Basis(a)         Basis(b)
    $133.6         $126.8      5.4 %         (10.4)%           (13.7)%


    Year-to-Date Sales              Percent Increase/(Decrease)
    (dollars in billions)                      Comparable Store Sales
    Fiscal         Fiscal      Total         Fiscal           Comparable
     2007           2006       Sales         Basis(a)          Basis(b)
    $1.44          $1.32       8.7 %         (5.8)%            (6.3)%

(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 1,040 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 603 Chico's front-line stores, 38 Chico's outlet stores, 309 White House | Black Market front-line stores, 19 White House | Black Market outlet stores, 70 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
    Chico's FAS, Inc.
    (239) 274-4105

    F. Michael Smith
    Chico's FAS, Inc.
    (239) 274-4797


SOURCE  Chico's FAS, Inc.
    -0-                             12/04/2007
    /CONTACT:  Charles J. Kleman, +1-239-274-4105, or F. Michael Smith,
+1-239-274-4797, both of Chico's FAS, Inc./
    /Web site:  http://www.chicos.com /
    (CHS)

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

BF-DL
-- CLTU107 --
7384 12/04/2007 16:15 EST http://www.prnewswire.com
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Investor Contact

  • David M. Oliver

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