News Flash

Comparable store sales at Chico's FAS dip in Oct

07 Nov '08

2 min read

Chico's FAS Inc reported that its net sales for the four-week period ended November 1, 2008 decreased 2.2% to $118.5 million from $121.2 million reported for the four-week period ended November 3, 2007.

Comparable store sales decreased 13.4% for the four-week period ended November 1, 2008 compared to the same four-week period last year ended November 3, 2007.

Net sales for the thirteen-week period ended November 1, 2008 decreased 5.2% to $394.2 million from $415.9 million reported for the thirteen-week period ended November 3, 2007.

Comparable store sales decreased 13.4% for the thirteen-week period ended November 1, 2008 compared to the same thirteen-week period last year ended November 3, 2007.

For the thirty-nine weeks ended November 1, 2008, net sales decreased 7.4% to $1.209 billion from $1.305 billion reported for the thirty-nine week period ended November 3, 2007. Comparable store sales decreased 15.7% for the thirty-nine week period ended November 1, 2008 compared to the thirty-nine week period last year ended November 3, 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 1,083 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 622 Chico's front-line stores, 41 Chico's outlet stores, 329 White House | Black Market front-line stores, 19 White House | Black Market outlet stores, 71 Soma Intimates front-line stores and 1 Soma Intimates outlet store.

Chico's FAS Inc

More Chico's FAS Inc News... More Apparel/Garments News - United States Of America...