Chico's profit soars in Q3

Fort Myers, Fla. -- Chico's FAS reported Tuesday that net income for the quarter ended Oct. 27 surged 57.4% to $41.7 million, compared with $26.5 million in last year's third quarter.



Sales increased 18.2% to $636.7 million, and same-store sales grew 9.9%.



By banner, Chico's/Soma Intimates same-store sales increased 11.6%, and White House|Black Market rose 6.4%.