EXHIBIT 99.1

CHARMING SHOPPES, INC. AND SUBSIDIARIES

PRO FORMA CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(Unaudited)

	Thirteen			Twenty-six
	Weeks Ended			Weeks Ended
	August 4,			August 4,
(In thousands, except per share amounts)	2007			2007
Net sales	$	694,359		$	1,390,973
Cost of goods sold, buying, catalog, and occupancy expenses		485,236			958,387
Selling, general, and administrative expenses		176,223			356,321
Total operating expenses		661,459			1,314,708
Income from operations		32,900			76,265
Other income		3,771			5,101
Interest expense		(2,818	)		(6,081	)
Income from continuing operations before income taxes		33,853			75,285
Income tax provision		12,959			27,925
Income from continuing operations		20,894			47,360
Loss from discontinued operations, net of income tax benefit
of $1,961 for 13 weeks and $2,263 for 26 weeks		(2,615	)		(2,783	)
Net income	$	18,279		$	44,577
Basic net income per share:
Income from continuing operations	$	.17		$	.38
Loss from discontinued operations, net of tax		(.02	)		(.02	)
Net income	$	.15		$	.36
Diluted net income per share:
Income from continuing operations	$	.16		$	.36
Loss from discontinued operations, net of tax		(.02	)		(.02	)
Net income	$	.14		$	.34

1

CHARMING SHOPPES, INC. AND SUBSIDIARIES

PRO FORMA CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

 (Unaudited)

	Thirteen			Thirty-nine
	Weeks Ended			Weeks Ended
	November 3,			November 3,
(In thousands, except per share amounts)	2007			2007
Net sales	$	599,665		$	1,990,638
Cost of goods sold, buying, catalog, and occupancy expenses		429,175			1,387,562
Selling, general, and administrative expenses		172,423			528,744
Total operating expenses		601,598			1,916,306
Income/(loss) from operations		(1,933	)		74,332
Other income		2,686			7,787
Interest expense		(2,206	)		(8,287	)
Income/(loss) from continuing operations before income taxes		(1,453	)		73,832
Income tax provision		287			28,212
Income/(loss) from continuing operations		(1,740	)		45,620
Loss from discontinued operations, net of income tax benefit
of $1,365 for 13 weeks and $3,628 for 39 weeks		(1,828	)		(4,611	)
Net income/(loss)	$	(3,568	)	$	41,009
Basic net income/(loss) per share:
Income/(loss) from continuing operations	$	(.01	)	$	.37
Loss from discontinued operations, net of tax		(.02	)		(.04	)
Net income/(loss)	$	(.03	)	$	.33
Diluted net income/(loss) per share:
Income/(loss) from continuing operations	$	(.01	)	$	.36
Loss from discontinued operations, net of tax		(.02	)		(.04	)
Net income/(loss)	$	(.03	)	$	.32

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CHARMING SHOPPES, INC. AND SUBSIDIARIES

PRO FORMA CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

 (Unaudited)

	Thirteen			Fifty-two
	Weeks Ended			Weeks Ended
	February 2,			February 2,
(In thousands, except per share amounts)	2008			2008
Net sales	$	731,824		$	2,722,462
Cost of goods sold, buying, catalog, and occupancy expenses		581,247			1,968,809
Selling, general, and administrative expenses		176,049			704,793
Impairment of goodwill and trademarks		98,219			98,219
Restructuring charges		14,357			14,357
Total operating expenses		869,872			2,786,178
Loss from operations		(138,048	)		(63,716	)
Other income		1,006			8,793
Interest expense		(2,265	)		(10,552	)
Loss from continuing operations before income taxes and extraordinary item		(139,307	)		(65,475	)
Income tax provision/(benefit)		(18,661	)		9,551
Loss from continuing operations before extraordinary item		(120,646	)		(75,026	)
Loss from discontinued operations, net of income tax benefit
of $2,306 for 13 weeks and $5,934 for 52 weeks		(4,688	)		(9,299	)
Extraordinary item, net of income tax provision of $582 for 13 and 52 weeks		912			912
Net loss	$	(124,422	)	$	(83,413	)
Basic net loss per share:
Loss from continuing operations	$	(1.03	)	$	(.62	)
Loss from discontinued operations, net of tax		(.04	)		(.08	)
Extraordinary item, net of income taxes		.01			.01
Net loss (1)	$	(1.07	)	$	(.69	)
Diluted net loss per share:
Loss from continuing operations	$	(1.03	)	$	(.62	)
Loss from discontinued operations, net of tax		(.04	)		(.08	)
Extraordinary item, net of income taxes		.01			.01
Net loss (1)	$	(1.07	)	$	(.69	)
(1) Results may not add due to rounding

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