Chico's FAS, Inc. Declares Cash Dividend of $0.08 Per Share

FORT MYERS, Fla., Feb. 25, 2016 /PRNewswire/ -- Chico's FAS, Inc. (NYSE: CHS) today announced that its Board of Directors declared a quarterly cash dividend of $0.08 per share of its common stock, a 3.2% increase over the dividend rate from February 2015. The dividend is payable on March 28, 2016 to Chico's FAS shareholders of record at the close of business on March 14, 2016.

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, complementary accessories, and other non-clothing items.

As of January 30, 2016, the Company operated 1,518 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.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.

Executive Contact: Jennifer PowersVice President – Investor RelationsChico's FAS, Inc.(239) 346-4199

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SOURCE Chico's FAS, Inc.