FORT MYERS, Fla., June 7 /PRNewswire-FirstCall/ -- Chico's FAS, Inc.
(NYSE: CHS) today reported that its May sales results for the four-week period
ended June 2, 2007, increased 10.2% to $155.0 million from $140.6 million
reported for the four-week period ended May 27, 2006. Comparable store sales
for the Company-owned stores decreased 2.9% for the four-week period ended
June 2, 2007 compared to the same four-week period last year ending June 3,
2006.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040927/CHSLOGO )
For the seventeen-week period ended June 2, 2007, total sales increased
14.5% to $608 million from $531 million reported for the seventeen-week period
ended May 27, 2006. Comparable store sales for the Company-owned stores
decreased 1.9% for the seventeen-week period ended June 2, 2007 compared to
the seventeen-week period last year ending June 3, 2006.
Additional details on May and year-to-date sales are as follows:
May Sales Percent Increase (Decrease)
(dollars in millions) Comparable Store Sales
Fiscal 2007 Fiscal 2006 Total Sales Fiscal Basis Comparable Basis
(a) (b)
$155.0 $140.6 10.2% (5.6)% (2.9)%
Year-to Date Sales Percent Increase (Decrease)
(dollars in millions) Comparable Store Sales
Fiscal 2007 Fiscal 2006 Total Sales Fiscal Basis Comparable Basis
(a) (b)
$608 $531 14.5% (0.5)% (1.9)%
(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 952 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 570 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, 60 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
SOURCE Chico's FAS, Inc.
-0- 06/07/2007
/CONTACT: Charles J. Kleman, Executive Vice President, Chief Financial
Officer of Chico's FAS, Inc., +1-239-274-4105; F. Michael Smith, Vice
President Investor and Community Relations of Chico's FAS, Inc.,
+1-239-274-4797/
/Photo: http://www.newscom.com/cgi-bin/prnh/20040927/CHSLOGO
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 FAS FIN
SU: SLS
BF-LA
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7142 06/07/2007 07:22 EDT http://www.prnewswire.com