Chico's FAS, Inc. Announces March Sales Results

Apr 11, 2001, 01:00 ET from Chico's FAS, Inc.

    FORT MYERS, Fla., April 11 /PRNewswire/ -- Chico's FAS, Inc. (NYSE:   CHS)
 today announced March sales results for the five week period ended April 7,
 2001.
     Total sales for the five week period ended April 7, 2001 increased 53.4
 percent to $36.9 million from $24.0 million reported for the five week period
 ended April 1, 2000.  Comparable store sales for the Company-owned stores
 increased 23.7 percent for the five week period ended April 7, 2001 compared
 to the same five week period last year.
     For the nine weeks ended April 7, 2001, total sales increased 62.3 percent
 to $61.1 million from $37.6 million for the nine week period ended April 1,
 2000.  Comparable store sales for the Company-owned stores increased 25.3
 percent for the nine week period compared to the same nine week period last
 year.
     Marvin Gralnick, Chico's CEO commented, "Our strong 53.4% overall sales
 increase and our 23.7% same store sales increase on top of the three prior
 years of strong performance indicates that we are continuing to take advantage
 of growth opportunities."
     Chico's sells exclusively designed, private-label women's casual clothing
 and related accessories.  The Company operates a chain of 254 stores in 39
 states and the District of Columbia.  The Company owns 243 stores, franchisees
 own 11.
     Certain statements contained herein, including without limitation,
 statements addressing the beliefs, plans, objectives, estimates or
 expectations of the Company or future results or events constitute
 "forward-looking statements" within the meaning of the Private Securities
 Litigation Reform Act of 1995, as amended.  Such forward-looking statements
 involve known or unknown risks, including, but not limited to, general
 economic and business conditions, and conditions in the specialty retail
 industry.  There can be no assurance that the actual future results,
 performance, or achievements expressed or implied by such forward-looking
 statements will occur.  Users of forward-looking statements are encouraged to
 review the Company's latest annual report on Form 10-K, its filings on Form
 10-Q, management's discussion and analysis in the Company's latest annual
 report to stockholders, the Company's filings on Form 8-K, and other federal
 securities law filings for a description of other important factors that may
 affect the Company's business, results of operations and financial condition.
 The Company does not undertake to publicly update or revise its
 forward-looking statements even if experience or future changes make it clear
 that projected results expressed or implied in such statements will not be
 realized.
 
     For more detailed information, please call 877-424-4267 to listen to
 Chico's monthly sales information and investor relations line.
     A copy of a slide show addressing Chico's recent financial results and
 current plans for expansion is available on the Chico's website at
 http://www.chicos.com in the investor relations section.
     For additional information on Chico's FAS, Inc. free of charge via the
 Internet, please go to http://tirc.com/invest/chicos/index.htm .
 
 

SOURCE Chico's FAS, Inc.
    FORT MYERS, Fla., April 11 /PRNewswire/ -- Chico's FAS, Inc. (NYSE:   CHS)
 today announced March sales results for the five week period ended April 7,
 2001.
     Total sales for the five week period ended April 7, 2001 increased 53.4
 percent to $36.9 million from $24.0 million reported for the five week period
 ended April 1, 2000.  Comparable store sales for the Company-owned stores
 increased 23.7 percent for the five week period ended April 7, 2001 compared
 to the same five week period last year.
     For the nine weeks ended April 7, 2001, total sales increased 62.3 percent
 to $61.1 million from $37.6 million for the nine week period ended April 1,
 2000.  Comparable store sales for the Company-owned stores increased 25.3
 percent for the nine week period compared to the same nine week period last
 year.
     Marvin Gralnick, Chico's CEO commented, "Our strong 53.4% overall sales
 increase and our 23.7% same store sales increase on top of the three prior
 years of strong performance indicates that we are continuing to take advantage
 of growth opportunities."
     Chico's sells exclusively designed, private-label women's casual clothing
 and related accessories.  The Company operates a chain of 254 stores in 39
 states and the District of Columbia.  The Company owns 243 stores, franchisees
 own 11.
     Certain statements contained herein, including without limitation,
 statements addressing the beliefs, plans, objectives, estimates or
 expectations of the Company or future results or events constitute
 "forward-looking statements" within the meaning of the Private Securities
 Litigation Reform Act of 1995, as amended.  Such forward-looking statements
 involve known or unknown risks, including, but not limited to, general
 economic and business conditions, and conditions in the specialty retail
 industry.  There can be no assurance that the actual future results,
 performance, or achievements expressed or implied by such forward-looking
 statements will occur.  Users of forward-looking statements are encouraged to
 review the Company's latest annual report on Form 10-K, its filings on Form
 10-Q, management's discussion and analysis in the Company's latest annual
 report to stockholders, the Company's filings on Form 8-K, and other federal
 securities law filings for a description of other important factors that may
 affect the Company's business, results of operations and financial condition.
 The Company does not undertake to publicly update or revise its
 forward-looking statements even if experience or future changes make it clear
 that projected results expressed or implied in such statements will not be
 realized.
 
     For more detailed information, please call 877-424-4267 to listen to
 Chico's monthly sales information and investor relations line.
     A copy of a slide show addressing Chico's recent financial results and
 current plans for expansion is available on the Chico's website at
 http://www.chicos.com in the investor relations section.
     For additional information on Chico's FAS, Inc. free of charge via the
 Internet, please go to http://tirc.com/invest/chicos/index.htm .
 
 SOURCE  Chico's FAS, Inc.