* July Sales Up 16.3% Over July Last Year
* July Comparable Store Sales Increase 4.9%
FORT MYERS, Fla., Aug. 3 /PRNewswire-FirstCall/ --Chico's FAS, Inc.
(NYSE: CHS) today reported July sales results for the four-week period ended
July 29, 2006, increased 16.3% to $110.3 million from $94.8 million reported
for the prior year's four-week period ended July 30, 2005. Comparable store
sales for the Company-owned stores increased 4.9% for the four-week period
ended July 29, 2006, compared to the same four-week period last year.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030428/CHICOLOGO )
Total sales for the second quarter ended July 29, 2006 increased 18.0% to
$405 million from $343 million for the same period a year ago. Comparable
store sales for the Company-owned stores increased 5.7% for the thirteen-week
period compared to the same thirteen-week period last year.
For the twenty-six weeks ended July 29, 2006, total sales increased 18.9%
to $797 million from $670 million for the same period a year ago. Comparable
store sales for the Company-owned stores increased 6.2% for the twenty-six
week period compared to the same twenty-six week period last year.
The Company is a specialty retailer of private label, sophisticated,
casual-to-dressy clothing, intimates, complementary accessories, and other
non-clothing gift items. The Company operates 813 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 by Chico's and Fitigues names. The Company owns 510 Chico's
front-line stores, 32 Chico's outlet stores, 213 White House | Black Market
front-line stores, 11 White House | Black Market outlet stores, 23 Soma by
Chico's stores, 10 Fitigues front-line stores and 1 Fitigues outlet store;
franchisees own and operate 13 Chico's stores.
Certain statements contained herein, including without limitation,
statements addressing the beliefs, plans, objectives, estimates or
expectations of the Company or future results or events constitute "forward-
looking statements" within the meaning of the Private Securities Litigation
Reform Act of 1995, as amended. Such forward-looking statements involve known
or unknown risks, including, but not limited to, general economic and business
conditions, and conditions in the specialty retail industry. There can be no
assurance that the actual future results, performance, or achievements
expressed or implied by such forward-looking statements will occur. Users of
forward-looking statements are encouraged to review the Company's latest
annual report on Form 10-K, its filings on Form 10-Q, management's discussion
and analysis in the Company's latest annual report to stockholders, the
Company's filings on Form 8-K, and other federal securities law filings for a
description of other important factors that may affect the Company's business,
results of operations and financial condition. The Company does not undertake
to publicly update or revise its forward-looking statements even if experience
or future changes make it clear that projected results expressed or implied in
such statements will not be realized.
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
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
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- 08/03/2006
/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: NewsCom: http://www.newscom.com/cgi-bin/prnh/20030428/CHICOLOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com /
/Web site: http://www.chicos.com /
(CHS)
CO: Chico's FAS, Inc.
ST: Florida
IN: REA
SU: SLS
MD
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5039 08/03/2006 07:15 EDT http://www.prnewswire.com