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Chico's FAS, Inc. Reports January Sales

02/05/2009

FORT MYERS, Fla., Feb. 5 /PRNewswire-FirstCall/ -- Chico's FAS, Inc. (NYSE: CHS) today reported that its net sales results for the four-week period ended January 31, 2009, decreased 2.9% to $91.4 million from $94.1 million reported for the four-week period ended February 2, 2008. Comparable store sales decreased 10.9% for the four-week period ended January 31, 2009, compared to the same four-week period last year ended February 2, 2008.

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

Total net sales for the thirteen-week period ended January 31, 2009 decreased 8.8% to $373.4 million from $409.3 million reported for the thirteen-week period ended February 2, 2008. Comparable store sales decreased 13.0% for the thirteen-week period ended January 31, 2009, compared to the same thirteen-week period last year ended February 2, 2008.

For the fifty-two weeks ended January 31, 2009, total net sales decreased 7.7% to $1.582 billion from $1.714 billion reported for the fifty-two week period ended February 2, 2008. Comparable store sales decreased 15.1% for the fifty-two week period ended January 31, 2009, compared to the fifty-two week period last year ended February 2, 2008.

Beginning with the first quarter of fiscal 2009, the Company will begin reporting consolidated sales and comparable store sales on a quarterly basis, and will discontinue reporting consolidated sales and comparable store sales on a monthly basis. The sales results for the first quarter ending May 2, 2009 are presently scheduled to be reported on Thursday, May 7, 2009, with operating results for the same period scheduled to be released May 27, 2009.

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 1,076 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 619 Chico's front-line stores, 41 Chico's outlet stores, 328 White House | Black Market front-line stores, 17 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

Additional investor information on Chico's FAS, Inc. including a presentation summarizing the Company's recent financial results is available on the Company's website at http://www.chicosfas.com

Executive Contact:
Robert C. Atkinson
Vice President
Investor Relations
Chico's FAS, Inc.
(239) 274-4199

SOURCE Chico's FAS, Inc.

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Investor Contact

  • David M. Oliver

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