FORT MYERS, Fla., April 10 /PRNewswire-FirstCall/ -- Chico's FAS, Inc.
(NYSE: CHS) today reported that its March sales results for the five-week
period ended April 5, 2008, decreased 15.2% to $162.1 million from $191.2
million reported for the five-week period ended April 7, 2007. Comparable
store sales decreased 20.7% for the five-week period ended April 5, 2008
compared to the same five-week period last year ending April 7, 2007.
Excluding the effect of the shift in the Easter holiday, the Company believes
the overall comparable store sales results for March would have been down in
the 18%-19% range.
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For the nine-week period ended April 5, 2008, total sales decreased 12.1%
to $267.6 million from $304.4 million reported for the nine-week period ended
April 7, 2007. Comparable store sales decreased 18.6% for the nine-week
period ended April 5, 2008 compared to the nine-week period last year ending
April 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 1,050 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 608 Chico's front-line
stores, 38 Chico's outlet stores, 314 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)