Chico's FAS Inc reported net sales for the thirteen-week period ended May 2, 2009 increased 0.2% to $410.6 million, compared to $409.6 million reported for the thirteen-week period ended May 3, 2008.
Comparable store sales for the first quarter of fiscal 2009 decreased 3.2% compared to the 17.5% decrease for the prior year's first quarter. Direct-to-consumer sales, not included in comparable store sales, increased 37.1% over first quarter 2008.
Chico's FAS will report the complete operating results for the quarter ended May 2, 2009 on Wednesday, May 27, 2009, before the opening of trading on the New York Stock Exchange that day.
The Company is a women's specialty retailer of private branded, sophisticated, casual-to-dressy clothing, intimates, complementary accessories, and other non-clothing gift items. The Company operates 1,071 specialty stores, including stores in 48 states, the District of Columbia, the U.S. Virgin Islands and Puerto Rico.
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