Chico's Sales, Income Soar
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.