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Chico's FAS, Inc. Reports May Sales

06/05/2008

FORT MYERS, Fla., June 5 /PRNewswire-FirstCall/ -- Chico's FAS, Inc. (NYSE: CHS) today reported that its May sales results for the four-week period ended May 31, 2008, decreased 8.8% to $141.4 million from $155.0 million reported for the four-week period ended June 2, 2007. Comparable store sales decreased 16.9% for the four-week period ended May 31, 2008 compared to the same four-week period last year ending June 2, 2007.

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

For the seventeen-week period ended May 31, 2008, total sales decreased 9.4% to $551.0 million from $608.1 million reported for the seventeen-week period ended June 2, 2007. Comparable store sales decreased 17.4% for the seventeen-week period ended May 31, 2008 compared to the seventeen-week period last year ending June 2, 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 1,063 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 614 Chico's front-line stores, 38 Chico's outlet stores, 321 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: 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