Chico's Sales, Income Rise

Share this article:
Chico's FAS Inc.'s net sales for the quarter ended Aug. 3 rose 39.8 percent to $125.1 million from $89.5 million in the quarter ended Aug. 4, 2001, and net income increased 47.8 percent to $16.4 million from $11.1 million, the Fort Myers, FL, company said yesterday.


Comparable-store sales for company-owned stores rose 11.6 percent in the quarter ended Aug. 3 from the comparable period last year.


During the six months ended Aug. 3, net sales increased 39.8 percent to $255.5 million from $182.7 million in the prior year's six-month period ended Aug. 4, 2001. Net income rose 54.1 percent to $36.2 million from $23.5 million. Comparable-store sales for company-owned stores increased 12.4 percent for the 26-week period.


Net sales by catalog and Internet totaled $7,057,037 in the 26 weeks ended Aug. 3, up from $4,639,911 in the comparable period that ended Aug. 4, 2001.


Net sales by catalog and Internet for the 13 weeks ended Aug. 3 totaled $3,475,111, up from $2,343,495 in the comparable period ended Aug. 4, 2001.


Share this article:
close

Next Article in Multichannel Marketing

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in Multichannel Marketing

Generating Loyalty for Brands and Retailers in an Omnichannel World

Generating Loyalty for Brands and Retailers in an ...

Harnessing personas, loyalty programs, and new technologies can help marketers better connect with customers.

News Byte: Salesforce Forms Unit to Focus on Verticals

News Byte: Salesforce Forms Unit to Focus on ...

The industries business unit, led by ex-White House CIO Vivek Kundra, will serve six industry groupings.

Columbia U. Puts the "Do" in "Donation"

Columbia U. Puts the "Do" in "Donation"

Columbia University raises nearly $7 million in donations in just 24 hours with a combination of social media, live events, and gamification.