Chico's FAS Inc reported December sales results for the five-week period ended December 31, 2005, increased 34.3% to $172.6 million from $128.5 million reported for the prior year's five-week period ended January 1, 2005.
Comparable store sales for the Company-owned stores increased 16.4% for the five-week period ended December 31, 2005, compared to the same five-week period last year.
For the forty-eight weeks ended December 31, 2005, total sales increased 31.5% to $1.313 billion from $999 million for the same period a year ago.
Comparable store sales for the Company-owned stores increased 14.3% for the forty-eight week period compared to the same forty-eight week period last year.
Scott A. Edmonds, President and CEO, commented, “We are pleased to report, particularly in an increasingly competitive marketplace, our 106th consecutive month of positive same store sales, as well as our 9th consecutive month of double digit positive same store sales.
This includes a low double digit increase from the Chico's brand and an increase in the high 40's from the White House | Black Market brand. We are also quite pleased with the overall 34.3% increase in sales for the Company as a whole.”
The Company is a specialty retailer of private label, sophisticated, casual-to-dressy clothing, intimates, complementary accessories, and other non-clothing gift items.
The Company operates 763 women's specialty stores, including stores in 47 states, the District of Columbia, the U.S. Virgin Islands and Puerto Rico operating under the Chico's, White House | Black Market and Soma by Chico's names.
The Company owns 499 Chico's front-line stores, 31 Chico's outlet stores, 196 White House | Black Market front-line stores, 8 White House | Black Market outlet stores and 15 Soma by Chico's stores; franchisees own and operate 14 Chico's stores.
marketing@alchempro.com
