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8-K - FORM 8-K - CHICO'S FAS, INC. | g26878e8vk.htm |
Exhibit 99.1
For Immediate Release
Executive Contact:
Robert C. Atkinson
Vice President-Investor Relations
Chicos FAS, Inc.
(239) 274-4199
Robert C. Atkinson
Vice President-Investor Relations
Chicos FAS, Inc.
(239) 274-4199
Chicos Declares Cash Dividend of $0.05 Per Share
Fort
Myers, FL - April 19, 2011 - Chicos FAS, Inc. (NYSE: CHS) today announced that
its Board of Directors has declared a quarterly cash dividend of $0.05 per share on its common
stock. The dividend will be payable on June 27, 2011 to Chicos FAS shareholders of record at the
close of business on June 13, 2011. While it is the Companys intention to continue to pay a
quarterly cash dividend for fiscal 2011 and beyond, any decision to pay future cash dividends will
be made by the Board of Directors and will depend on future earnings, financial conditions and
other factors.
ABOUT CHICOS FAS, INC.
The Company is a womens specialty retailer of private branded, sophisticated, casual-to-dressy clothing, intimates, complementary accessories, and other non-clothing gift items. The Company operates 1,178 specialty stores, including stores in 48 states, the District of Columbia, the U.S. Virgin Islands and Puerto Rico.
The Company is a womens specialty retailer of private branded, sophisticated, casual-to-dressy clothing, intimates, complementary accessories, and other non-clothing gift items. The Company operates 1,178 specialty stores, including stores in 48 states, the District of Columbia, the U.S. Virgin Islands and Puerto Rico.
The
Chicos brand currently operates 594 boutiques and 70 outlet stores, publishes a catalog during
key shopping periods throughout the year, and conducts e-commerce at www.chicos.com.
White House | Black Market operates 348 boutique and 23 outlet stores, publishes a catalog
highlighting its latest fashions and conducts e-commerce at www.whbm.com.
Soma
Intimates is the Companys developing concept with 133 boutique and 10 outlet stores today.
Soma Intimates also publishes a catalog for its customers and
conducts e-commerce at www.soma.com.
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 Certain
statements contained herein, including without limitation, statements addressing the beliefs,
plans, objectives, estimates or expectations of the Company or future results or events constitute
forward-looking statements within the meaning of the Private Securities Litigation Reform Act of
1995, as amended. Such forward-looking statements involve known or unknown risks, including, but
not limited to, general economic and business conditions, and conditions in the specialty retail
industry.
There can be no assurance that the actual future results, performance, or achievements expressed or
implied by such forward-looking statements will occur. Users of forward-looking statements are
encouraged to review the Companys latest annual report on Form 10-K, its filings on Form 10-Q,
managements discussion and analysis in the Companys latest annual report to stockholders, the
Companys filings on Form 8-K, and other federal securities law filings for a description of other
important factors that may affect the Companys business, results of operations and financial
condition. The Company does not undertake to publicly update or revise its forward-looking
statements even if experience or future changes make it clear that projected results expressed or
implied in such statements will not be realized.
For more detailed information on Chicos FAS, Inc., please go to our corporate website,
www.chicosfas.com.