4 $161.6M Cash from Operating Activities, $99.0M Improvement over 2022 +12.2% Multi-Channel Customer Growth(1) ■ SOMA ■ WHBM | --- | --- | --- | --- | --- | --- | |-------|-------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------|-------|-------|-------| | | | | | | | | | CUSTOMER LED • Community engagement ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 29, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-16435 Chico's FAS, Inc. (Exact name of registrant as specified in its charter) Florida 59-2389435 (State or other jurisd ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-16435 Chico's FAS, Inc. (Exact name of registrant as specified in its charter) Florida 59-2389435 (State or other jurisdict ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-16435 Chico's FAS, Inc. (Exact name of registrant as specified in its charter) Florida 59-2389435 (State or other jurisdic ...

Financial Performance - For the fiscal year ended January 29, 2022, net sales were $1,809.9 million, a 36.5% increase from $1,324.1 million in the previous year[195]. - Gross margin improved to 36.7% in 2022, compared to 13.9% in 2021, reflecting a significant recovery in profitability[195]. - The company reported net income of $46.2 million, translating to a net income margin of 2.6%, a substantial turnaround from a net loss of $360.1 million in the prior year[195]. - Comprehensive income for the year was $46.2 million, compared to a comprehensive loss of $359.7 million in the previous year[198]. - The company reported a net income of $46,218, compared to a net loss in the previous period[208]. - The company reported a net income of $46.218 million for the fiscal year ended January 29, 2022, compared to a net loss of $360.144 million in the previous fiscal year[211]. - Basic net income per share for January 29, 2022, was $0.39, compared to a loss of $3.11 per share in January 30, 2021[325]. Debt and Liquidity - As of January 29, 2022, the company had $99.0 million in net borrowings under its Credit Agreement, classified as long-term debt[184]. - The company extended the maturity of its Credit Agreement to February 2, 2027, and replaced LIBOR with Term SOFR benchmark provisions[184]. - The available additional borrowing capacity under the Credit Agreement was approximately $167.3 million as of January 29, 2022[300]. - The company expects no debt payments due through fiscal year 2024, with $99.0 million due in fiscal 2025[300]. - The company had $99.0 million in net borrowings under its Credit Agreement as of January 29, 2022, down from $149.0 million in the previous year[300]. Assets and Liabilities - Total current assets increased to $494,063, up from $402,038, representing a 23% growth year-over-year[203]. - Total current liabilities increased to $487,385 from $431,786, reflecting a 13% rise year-over-year[203]. - Long-term debt decreased to $99,000 from $149,000, a reduction of 34%[203]. - Total shareholders' equity increased to $221,504, up from $165,119, indicating a 34% growth[203]. - Deferred tax assets amounted to $179.2 million, with a valuation allowance of $35.8 million, indicating management's cautious outlook on future profitability[192]. - The total deferred tax liabilities as of January 29, 2022, were $(144.9) million, compared to $(184.5) million as of January 30, 2021[319]. Inventory and Expenses - Selling, general, and administrative expenses were $597.4 million, representing 33.0% of net sales, down from 39.8% in the previous year[195]. - Inventories rose significantly to $323,389 from $203,983, a 59% increase[203]. - Total inventories decreased by $119.908 million during the fiscal year ended January 29, 2022, compared to a decrease of $23.962 million in the prior year[211]. - The company recorded share-based compensation of $12.034 million for the fiscal year ended January 29, 2022, up from $7.100 million in the prior year[211]. - Advertising expenses for fiscal 2021, 2020, and 2019 were approximately $91.4 million, $94.6 million, and $103.3 million, respectively[244]. - Shipping and handling costs amounted to $82.3 million, $71.7 million, and $62.8 million in fiscal 2021, 2020, and 2019, respectively[248]. Taxation - The total income tax provision for fiscal 2021 was $13.8 million, a significant increase from a benefit of $(99.9) million in fiscal 2020[317]. - The company received a tax refund of $50.0 million during fiscal 2021 due to the CARES Act provisions[317]. - The effective income tax rate for fiscal 2021 was 23.0%, compared to 21.7% in fiscal 2020 and (6.7)% in fiscal 2019[319]. - The balance of uncertain tax positions at the end of fiscal 2021 was $437,000, down from $667,000 in fiscal 2020[322]. Operational Changes - The company expects continued uncertainty and volatility in business operations due to the ongoing impacts of the COVID-19 pandemic[219]. - The company exited its Canada frontline operations, resulting in the permanent closure of all Canadian boutiques as part of cost-saving measures[221]. - The company plans to close approximately 40 stores and open up to 30 Soma stores in fiscal 2022 to enhance digital strategy and store productivity[272]. - The company anticipates adjusting store openings and closures based on economic conditions and business strategy[272]. Shareholder Information - The weighted average common shares outstanding increased to 117.1 million from 115.9 million in the prior year, reflecting a slight increase in shareholder base[195]. - The total share-based compensation expense for fiscal 2021 was $12.0 million, an increase from $7.1 million in both fiscal 2020 and 2019[306]. - As of January 29, 2022, approximately 8.1 million shares remain available for future grants of share-based awards assuming all awards will vest 100%[306]. - As of January 29, 2022, $55.2 million remains under the $300 million share repurchase program authorized in November 2015[313].

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-16435 Chico's FAS, Inc. (Exact name of registrant as specified in its charter) Florida 59-2389435 (State or other jurisd ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-16435 Chico's FAS, Inc. (Exact name of registrant as specified in its charter) Florida 59-2389435 (State or other jurisdict ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 1, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-16435 Chico's FAS, Inc. (Exact name of registrant as specified in its charter) Florida 59-2389435 (State or other jurisdictio ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended January 30, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-16435 | --- | --- | |-----------------------------------------------------------------------|------------------------------------- ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-16435 Chico's FAS, Inc. (Exact name of registrant as specified in charter) Florida 59-2389435 (State of Incorporation) ( ...