FORT MYERS, Fla., July 11 /PRNewswire-FirstCall/ -- Chico's FAS, Inc.
(NYSE: CHS - ) today reported that its June sales results for the five-week
period ended July 7, 2007, increased 4.4% to $159.6 million from $152.8
million reported for the five-week period ended July 1, 2006. Comparable
store sales for the Company-owned stores decreased 7.3% for the five-week
period ended July 7, 2007 compared to the same five-week period last year
ending July 8, 2006.
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For the twenty-two weeks ended July 7, 2007, total sales increased 12.2%
to $768 million from $684 million reported for the twenty-two week period
ended July 1, 2006. Comparable store sales for the Company-owned stores
decreased 3.1% for the twenty-two week period ended July 7, 2007 compared to
the twenty-two week period last year ending July 8, 2006.
Additional details on June and year-to-date sales are as follows:
June Sales Percent Increase/(Decrease)
(dollars in millions) Comparable Store Sales
Fiscal Fiscal Total Fiscal Comparable
2007 2006 Sales Basis (a) Basis (b)
$159.6 $152.8 4.4 % (11.0)% (7.3)%
Year-to Date Sales Percent Increase/(Decrease)
(dollars in millions) Comparable Store Sales
Fiscal Fiscal Total Fiscal Comparable
2007 2006 Sales Basis (a) Basis (b)
$768 $684 12.2 % (2.8)% (3.1)%
(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 953 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 569 Chico's front-line
stores, 35 Chico's outlet stores, 269 White House | Black Market front-line
stores, 17 White House | Black Market outlet stores, 62 Soma Intimates 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
Executive Vice President
Chief Financial Officer
Chico's FAS, Inc.
(239) 274-4105
F. Michael Smith
Vice President
Investor and Community Relations
Chico's FAS, Inc.
(239) 274-4797