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Chico's es Caliente

Specialty retailer reports June sales surge

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Chico's FAS Inc. (Fort Myers, Fla.) has reported a same-store sales increase of 16.5 percent for the five-week period ended July 5, 2003. Total sales rose 41.7 percent.

For the 22 weeks ended July 5, comparable-store sales grew 10.4 percent and total sales increased 33.4 percent.

“For the upcoming month of July, we expect comparable-store increases in the high single digits,” says cfo Charlie Kleman.

Chico's sells private-label women's clothing and related accessories. The company operates 412 women's specialty stores, under the names of Chico's and Pazo, in 42 states and Washington, D.C.

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