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News Watch
- 10/17/2008 2:15:31 PM
By Chip Brian, SmarTrend Analytics Team
Today, women's clothing retailer, Chico's FAS Inc. (NYSE:CHS), announced that June retail sales declined, headed by the fall of its White House/Black Market and Chico's stores. Same store sales fell 12.9% while the company's net sales fell 5.1% to $151.4 million from $159.6 million last year. Though Chico's and White House/Black Market stores sales fell, the company's revenue was helped by strong sales by its SOMA Intimates stores.
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