Chico's Sales, Income Soar

Share this article:
Skyrocketing net sales and net income characterized results for Chico's FAS Inc., Fort Myers, FL, as it posted results yesterday for its fiscal first quarter ended May 1.


Net sales climbed 52 percent to a record $257 million from $169 million in the quarter ended May 3, 2003. Net income increased 52.6 percent to $36 million from $23 million.


Also, comparable-store sales for company-owned stores rose 20.1 percent for the recently concluded 13-week period.


The company's direct marketing operations also improved. Net sales generated by its catalog and Internet segment increased from $5.68 million a year ago to $6.08 million.


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

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.

If You Build It, They Will Engage

If You Build It, They Will Engage

Construction materials manufacturer USG revamps its image using targeted, multichannel efforts aimed at customers and employees.