Chico's FAS, Inc. Declares Cash Dividend of $0.085 Per Share

FORT MYERS, Fla., Feb. 21, 2018 /PRNewswire/ -- Chico's FAS, Inc. (NYSE: CHS) today announced that its Board of Directors declared a quarterly cash dividend of $0.085 per share of its common stock, a 3.0% increase over the March 2017 dividend rate. This represents the eighth annual increase since the dividend was established in 2010. The dividend is payable on April 2, 2018 to Chico's FAS shareholders of record at the close of business on March 19, 2018.

ABOUT CHICO'S FAS, INC.

The Company, through its brands - Chico's, White House Black Market and Soma, is a leading omni-channel specialty retailer of women's private branded, sophisticated, casual-to-dressy clothing, intimates and complementary accessories.

As of February 3, 2018, the Company operated 1,460 stores in the US and Canada and sold merchandise through franchise locations in Mexico. The Company's merchandise is also available at www.chicos.com, www.chicosofftherack.com, www.whbm.com, and www.soma.com. For more detailed information on Chico's FAS, Inc., please go to our corporate website at www.chicosfas.com. The information on our corporate website is not, and shall not be deemed to be, a part of this press release or incorporated into our federal securities law filings.

Executive Contact:    Julie LoriganVice President – Investor Relations,Public Relations and Corporate CommunicationsChico's FAS, Inc.(239) 346-4199

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SOURCE Chico's FAS, Inc.