FORT MYERS, Fla., May 8 /PRNewswire-FirstCall/ -- Chico's FAS, Inc.
(NYSE: CHS) today reported that its April sales results for the four-week
period ended May 3, 2008, decreased 4.5% to $142.0 million from $148.7 million
reported for the four-week period ended May 5, 2007. Comparable store sales
decreased 15.5% for the four-week period ended May 3, 2008 compared to the
same four-week period last year ended May 5, 2007. The Company believes the
effect of the shift in the Easter holiday benefited comparable store sales for
the month of April by approximately 2.0%-2.5%.
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For the thirteen-week period ended May 3, 2008, total sales decreased 9.6%
to $409.6 million from $453.1 million reported for the thirteen-week period
ended May 5, 2007. Comparable store sales decreased 17.5% for the thirteen-
week period ended May 3, 2008 compared to the thirteen-week period last year
ended May 5, 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 1,057 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 611 Chico's front-line
stores, 38 Chico's outlet stores, 318 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./
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/Web site: http://www.chicos.com /
(CHS)