Chico's Sales Are Strong in Q3

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Chico's FAS Inc., Fort Myers, FL, reported yesterday that net sales for the third quarter ended Oct. 30 jumped 28.1 percent compared with the year-ago period.


The multichannel women's clothing retailer's sales totaled $270 million for the quarter. Same-store sales increased 6.1 percent. Catalog and Internet sales totaled $7 million.


During the third quarter, Chico's completed the launch of 10 intimate apparel Soma by Chico's concept test stores.


For the nine months ended Oct. 30, Chico's net sales reached $781 million, a 41.3 percent gain over the same period last year. Same-store sales rose 13 percent. Catalog and Internet sales totaled $19 million.


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