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Chico's FAS, Inc. Reports March Sales

04/10/2008

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 5, 2008, decreased 15.2% to $162.1 million from $191.2 million reported for the five-week period ended April 7, 2007. Comparable store sales decreased 20.7% for the five-week period ended April 5, 2008 compared to the same five-week period last year ending April 7, 2007. Excluding the effect of the shift in the Easter holiday, the Company believes the overall comparable store sales results for March would have been down in the 18%-19% range.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080211/CHICOSLOGO )

For the nine-week period ended April 5, 2008, total sales decreased 12.1% to $267.6 million from $304.4 million reported for the nine-week period ended April 7, 2007. Comparable store sales decreased 18.6% for the nine-week period ended April 5, 2008 compared to the nine-week period last year ending April 7, 2007.

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 1,050 women's specialty stores, including stores in 49 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 608 Chico's front-line stores, 38 Chico's outlet stores, 314 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:
    Kent A. Kleeberger                  F. Michael Smith
    Executive Vice President            Vice President
    Chief Financial Officer             Investor and Community Relations
    Chico's FAS, Inc.                   Chico's FAS, Inc.
    (239) 274-4987                      (239) 274-4797

SOURCE Chico's FAS, Inc.

CONTACT: Kent A. Kleeberger, Executive Vice President, Chief Financial Officer,
+1-239-274-4987, 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/20080211/CHICOSLOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com/
/Web site: http://www.chicos.com /
(CHS)

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Investor Contact

  • David M. Oliver

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