...and large cap needs. While working keep you in touch with market activity, we also will keep you updated on the latest press. Today we have identified, Chico's FAS, Inc. (NYSE: CHS) due to the attention they received after this recent corporate development.

Chico's FAS, Inc. (NYSE: CHS) yesterday May 30th announced its financial results for the fiscal 2007 first quarter ended May 5, 2007.

Net sales for the first quarter ended May 5, 2007 increased 16.0% to $453 million from $391 million for the fiscal 2006 first quarter ended April 29, 2006. Income from continuing operations for the fiscal 2007 first quarter was $49 million, or $0.28 a diluted share, compared to income from continuing operations of $53 million, or $0.29 a diluted share in the prior year's first quarter. As previously reported, comparable store sales for the Company-owned stores decreased 1.6% for the thirteen-week period ended May 5, 2007 compared to the thirteen-week period last year ending May 6, 2006 (the Chico's brand same store sales decreased by approximately 1% and the WH|BM brand's same store sales decreased by approximately 2%).

Gross profit for the fiscal 2007 first quarter increased...

NOTE: All illustrations and photos have been removed from this article.



Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.