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Chico's FAS, Inc. Reports June Sales

07/09/2008

FORT MYERS, Fla., July 9 /PRNewswire-FirstCall/ -- Chico's FAS, Inc. (NYSE: CHS) today reported that its June sales results for the five-week period ended July 5, 2008, decreased 5.1% to $151.4 million from $159.6 million reported for the five-week period ended July 7, 2007. Comparable store sales decreased 12.9% for the five-week period ended July 5, 2008 compared to the same five-week period last year ending July 7, 2007.

For the twenty-two weeks ended July 5, 2008, total sales decreased 8.5% to $702.3 million from $767.7 million reported for the twenty-two week period ended July 7, 2007. Comparable store sales decreased 16.4% for the twenty-two week period ended July 5, 2008 compared to the twenty-two week period last year ending July 7, 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 1,070 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 617 Chico's front-line stores, 38 Chico's outlet stores, 325 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)

 

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