USA: Chico’s FAS, Inc. Announces May Sales Results

Chico's FAS, Inc. (Nasdaq:CHCS) today announced May sales results for the four week period ended May 27, 2000. Total sales for the four week period ended May 27, 2000 increased 77.1 percent to $20.4 million from $11.5 million reported for the four week period ended May 29, 1999. Comparable store sales for the Company-owned stores increased 47.4 percent for the four week period ended May 27, 2000. For the seventeen weeks ended May 27, 2000, total sales increased 60.8 percent to $77.1 million from $47.9 million for the same period in 1999. Comparable store sales for the Company-owned stores increased 34.9 percent for the seventeen week period. Chico's sells exclusively designed, private-label women's casual clothing and related accessories. The Company operates a chain of 210 stores in 37 states and the District of Columbia. The Company owns 200 stores, franchisees own 10. For additional information on Chico's FAS, Inc. free of charge via the Internet, please go to