SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report: (Date of earliest event reported): May 31, 2011
Chicos FAS, Inc.
(Exact Name of Registrant as Specified in its Charter)
(State or Other Jurisdiction of Incorporation)
(Registrants Telephone Number, Including Area Code)
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
TABLE OF CONTENTS
Item 7.01 Regulation FD Disclosure.
In its opening remarks at the Morgan Stanley Retail Conference on May 25, 2011, the management of Chicos FAS, Inc. (the Company) said that the Company, was only expecting SG&A dollars to be up 2%, but as a rate of sales, it should decline significantly.
The statement should have been prefaced with the following: excluding the impact of new store openings on SG&A dollars... In the Companys prepared remarks during its first quarter 2011 earnings conference call on May 18, 2011, management stated that Chicos FAS, Inc. would open 30 net new stores during the fiscal second quarter 2011 resulting in approximately 100 more stores by the end of second quarter 2011 versus second quarter 2010.
A copy of the Thomson Reuters StreetEvents final transcript of the Chicos FAS, Inc. presentation at the Morgan Stanley Retail Conference on May 25, 2011 is attached as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
INDEX TO EXHIBITS