• Q1 profit up to $45.9m from $35.4m
  • Net sales rose 11.5% to $537.2m
  • Comparable sales increased 7.7% 

Women’s wear retailer Chico's FAS Inc has booked a 29.7% jump in first quarter profit thanks to higher sales of full price goods.

The company said same-store sales at its Chico's/Soma Intimates brands were up 7.8%, while there was a rise of 7.4% at the White House|Black Market chain.

And margins increased 60 basis points to 59.1%, primarily driven by improved in-season sell-through.