Chico's FAS Inc 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.
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.
The Company is a specialty retailer of private branded, sophisticated, casual-to-dressy clothing, intimates, complementary accessories, and other non-clothing gift items.