Exhibit 99.1

Chico’s FAS, Inc. • 11215 Metro Parkway • Fort Myers, Florida 33966 • (239) 277-6200

Chico’s FAS, Inc. Reports Third Quarter Results

Fort Myers, FL – November 26, 2013 – Chico’s FAS, Inc. (NYSE: CHS) today announced its financial results for the fiscal 2013 third quarter and thirty-nine weeks ended November 2, 2013.

For the third quarter, the Company reported adjusted net income of $35.8 million, a decrease of 14.8% compared to adjusted net income of $42.0 million in last year’s third quarter, and adjusted earnings per diluted share of $0.22, a decrease of 12.0% compared to adjusted earnings per diluted share of $0.25 in last year’s third quarter. The adjusted results exclude charges related to Boston Proper non-cash goodwill and trade name impairment in the third quarter of 2013 and non-recurring acquisition and integration costs in the third quarter of 2012, as presented in the accompanying GAAP to non-GAAP reconciliation. Including the impact of non-cash goodwill and trade name impairment charges of $64.3 million after-tax, or $0.40 per diluted share in the third quarter of 2013, the Company reported a net loss of $28.5 million, or a loss of $0.18 per diluted share compared to net income of $41.7 million, or $0.25 per diluted share in last year’s third quarter.

For the thirty-nine weeks ended November 2, 2013, the Company reported adjusted net income of $131.1 million, a decrease of 12.3% compared to adjusted net income of $149.5 million in the same period last year, and adjusted earnings per diluted share of $0.81, a decrease of 9.0% compared to adjusted earnings per diluted share of $0.89 in the same period last year. Including the impact of Boston Proper non-cash goodwill and trade name impairment charges and non-recurring acquisition and integration costs in 2013, the Company reported net income of $66.2 million, or $0.41 per diluted share compared to net income of $148.7 million, or $0.89 per diluted share in the same period last year.

Net Sales

For the third quarter, net sales were $655.6 million, an increase of 3.0% compared to $636.7 million in last year’s third quarter, primarily reflecting 115 net new stores for a square footage increase of 8.6%. Comparable sales for the third quarter decreased 1.4% following a 9.9% increase in last year’s third quarter, primarily reflecting the cycling of strong comparable sales last year and the impact of lower traffic.

The Chico’s/Soma Intimates brands’ comparable sales decreased 3.3% following an 11.6% increase in last year’s third quarter for a two-year stack of up 8.3% and the White House | Black Market brand’s comparable sales increased 2.5% on top of a 6.4% increase in last year’s third quarter for a two-year stack of up 8.9%.

Gross Margin

For the third quarter, gross margin was $364.0 million compared to $364.3 million in last year’s third quarter. Gross margin was 55.5% of net sales, a 170 basis point decrease from last year’s third quarter, primarily reflecting increased promotional activity in response to lower traffic, partially offset by lower incentive compensation as a percent of net sales.

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Selling, General and Administrative Expenses

For the third quarter, selling, general and administrative expenses (“SG&A”) were $308.5 million compared to $297.2 million in last year’s third quarter. SG&A was 47.1% of net sales, a 40 basis point increase from last year’s third quarter, primarily reflecting deleverage of occupancy expenses and the impact of investment spending on strategic initiatives, substantially offset by lower incentive compensation as a percent of net sales.

Impairment Charges

In the third quarter of 2013, the Company determined that certain Boston Proper intangibles were impaired and recorded $72.5 million in pre-tax, non-cash goodwill and trade name impairment charges. These impairment charges were the result of recent sales declines in the Boston Proper catalog business due to the increasingly competitive direct-to-consumer environment and the impact of integration efforts and new initiatives. The fiscal 2013 impact of the impairment charges is expected to be approximately $71.4 million after-tax, or $0.44 per diluted share, comprised of $0.40 per diluted share in the third quarter and an additional $0.04 per diluted share in the fourth quarter due to the timing of the tax treatment. The $72.5 million Boston Proper impairment charges included $67.3 million related to goodwill impairment and $5.2 million related to the trade name.

The Company continues to believe in the long-term growth prospects of the Boston Proper brand as it evolves from a direct-to-consumer only business to an omni-channel enterprise, integrating brick and mortar, catalog and web platforms.

Income Tax Provision

The third quarter income tax provision of $11.6 million and effective tax rate of (68.7%) reflects the impact of the Boston Proper goodwill and trade name impairment charges on the annual effective tax rate. Excluding the tax impact of the impairment charges, the third quarter effective tax rate would have been 35.6% compared to an effective tax rate of 37.7% for the same period last year, primarily reflecting federal tax and refund claims filed during the current quarter.

Inventories

In-store inventories per square foot were flat when compared to the comparable period last year for a two year decline of 15%. At the end of the third quarter, total inventories increased $6.3 million, or 3%, over the same period last year, when excluding $13.7 million of inventory related to the calendar shift from last fiscal year’s 53rd week and $13.2 million related to 115 net new stores.

Share Repurchase Program

During the third quarter of fiscal 2013, the Company repurchased 2.1 million shares for $35.0 million under its $300 million share repurchase program announced in February 2013. During the thirty-nine weeks ended November 2, 2013 and October 27, 2012, the Company repurchased a total of 7.0 million shares for $120.0 million and 2.5 million shares for $37.3 million, respectively, with $180 million remaining under the program as of the end of the third quarter of fiscal 2013.

ABOUT CHICO’S FAS, INC.

The Company, through its brands – Chico’s, White House | Black Market, Soma Intimates, and Boston Proper, 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 November 2, 2013, the Company operated 1,470 stores in the US and Canada. The Company’s merchandise is also available at www.chicos.com, www.whbm.com, www.soma.com, and www.bostonproper.com. For more detailed information on Chico’s FAS, Inc., please go to our corporate website at www.chicosfas.com.

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SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 Certain statements contained herein, including without limitation, statements addressing the beliefs, plans, objectives, estimates or expectations of the Company or future results or events constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Such forward-looking statements involve known or unknown risks, including, but not limited to, general economic and business conditions, and conditions in the specialty retail industry. There can be no assurance that the actual future results, performance, or achievements expressed or implied by such forward-looking statements will occur. Users of forward-looking statements are encouraged to review the Company’s latest annual report on Form 10-K, its filings on Form 10-Q, management’s discussion and analysis in the Company’s latest annual report to stockholders, the Company’s filings on Form 8-K, and other federal securities law filings for a description of other important factors that may affect the Company’s business, results of operations and financial condition. The Company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that projected results expressed or implied in such statements will not be realized.

(Financial Tables Follow)

Executive Contact:

Todd Vogensen

Vice President-Investor Relations

Chico’s FAS, Inc.

(239) 346-4199

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Chico’s FAS, Inc. and Subsidiaries

Condensed Consolidated Statements of Income (Loss)

(Unaudited)

(in thousands, except per share amounts)

	Thirty-Nine Weeks Ended										Thirteen Weeks Ended
	November 2, 2013					October 27, 2012					November 2, 2013						October 27, 2012
	Amount		% of Sales			Amount		% of Sales			Amount			% of Sales			Amount		% of Sales
Net sales:
Chico’s/Soma Intimates	$	1,255,214		63.5	%	$	1,251,632		64.9	%	$	415,819			63.4	%	$	411,671		64.6	%
White House | Black Market		643,688		32.6	%		583,473		30.2	%		218,200			33.3	%		197,248		31.0	%
Boston Proper		76,902		3.9	%		94,099		4.9	%		21,560			3.3	%		27,746		4.4	%
Total net sales		1,975,804		100.0	%		1,929,204		100.0	%		655,579			100.0	%		636,665		100.0	%
Cost of goods sold		868,808		44.0	%		824,132		42.7	%		291,569			44.5	%		272,369		42.8	%
Gross margin		1,106,996		56.0	%		1,105,072		57.3	%		364,010			55.5	%		364,296		57.2	%
Selling, general and administrative expenses		899,689		45.5	%		864,987		44.8	%		308,528			47.1	%		297,190		46.7	%
Goodwill and trade name impairment charges		72,466		3.7	%		—		0.0	%		72,466			11.0	%		—		0.0	%
Acquisition and integration costs		914		0.0	%		1,321		0.1	%		—			0.0	%		480		0.0	%
Income (loss) from operations		133,927		6.8	%		238,764		12.4	%		(16,984	)		(2.6	%)		66,626		10.5	%
Interest income, net		404		0.0	%		633		0.0	%		105			0.0	%		231		0.0	%
Income (loss) before income taxes		134,331		6.8	%		239,397		12.4	%		(16,879	)		(2.6	%)		66,857		10.5	%
Income tax provision		68,100		3.4	%		90,700		4.7	%		11,600			1.7	%		25,200		4.0	%
Net income (loss)	$	66,231		3.4	%	$	148,697		7.7	%	$	(28,479	)		(4.3	%)	$	41,657		6.5	%
Per share data:
Net income (loss) per common share-basic	$	0.41				$	0.89				$	(0.18	)				$	0.25
Net income (loss) per common and common equivalent share–diluted	$	0.41				$	0.89				$	(0.18	)				$	0.25
Weighted average common shares outstanding–basic		156,662					163,683					155,228						163,253
Weighted average common and common equivalent shares outstanding–diluted		157,604					164,754					155,228						164,411
Dividends declared per share	$	0.165				$	0.1575				$	—					$	—

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Chico’s FAS, Inc. and Subsidiaries

Condensed Consolidated Balance Sheets

(in thousands)

	November 2, 2013		February 2, 2013		October 27, 2012
	(Unaudited)				(Unaudited)
ASSETS
Current Assets:
Cash and cash equivalents	$	52,524	$	56,859	$	79,102
Marketable securities, at fair value		197,235		272,499		292,393
Inventories		267,430		206,849		234,199
Prepaid expenses and other current assets		55,835		61,786		57,436
Total Current Assets		573,024		597,993		663,130
Property and Equipment, net		635,284		608,120		591,346
Other Assets:
Goodwill		171,427		238,693		238,693
Other intangible assets, net		119,269		127,754		128,844
Other assets, net		9,252		8,068		6,787
Total Other Assets		299,948		374,515		374,324
	$	1,508,256	$	1,580,628	$	1,628,800
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current Liabilities:
Accounts payable	$	152,698	$	129,387	$	137,600
Other current liabilities		121,796		173,024		178,685
Total Current Liabilities		274,494		302,411		316,285
Noncurrent Liabilities:
Deferred liabilities		143,991		132,374		132,574
Deferred taxes		53,338		52,644		49,626
Total Noncurrent Liabilities		197,329		185,018		182,200
Stockholders’ Equity:
Preferred stock		—		—		—
Common stock		1,588		1,628		1,663
Additional paid-in capital		372,325		348,775		338,703
Retained earnings		662,375		742,580		789,743
Accumulated other comprehensive income		145		216		206
Total Stockholders’ Equity		1,036,433		1,093,199		1,130,315
	$	1,508,256	$	1,580,628	$	1,628,800

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Chico’s FAS, Inc. and Subsidiaries

Condensed Consolidated Cash Flow Statements

(Unaudited)

(in thousands)

	Thirty-Nine Weeks Ended
	November 2, 2013			October 27, 2012
Cash Flows From Operating Activities:
Net income (loss)	$	66,231		$	148,697
Adjustments to reconcile net income to net cash provided by operating activities —
Goodwill and trade name impairment charges		72,466			—
Depreciation and amortization		88,123			80,085
Deferred tax expense (benefit)		6,024			(7,809	)
Stock-based compensation expense		19,542			18,931
Excess tax benefit from stock-based compensation		(1,281	)		(6,757	)
Deferred rent and lease credits		(13,299	)		(12,130	)
Loss on disposal and impairment of property and equipment		1,432			2,045
Changes in assets and liabilities:
Inventories		(60,581	)		(39,730	)
Prepaid expenses and other assets		(1,775	)		2,419
Accounts payable		23,311			37,205
Accrued and other liabilities		(25,087	)		66,993
Net cash provided by operating activities		175,106			289,949
Cash Flows From Investing Activities:
Decrease (increase) in marketable securities		75,183			(103,582	)
Purchases of property and equipment, net		(113,376	)		(119,922	)
Net cash used in investing activities		(38,193	)		(223,504	)
Cash Flows From Financing Activities:
Proceeds from issuance of common stock		10,176			14,277
Excess tax benefit from stock-based compensation		1,281			6,757
Dividends paid		(26,536	)		(26,266	)
Repurchase of common stock		(126,179	)		(41,030	)
Net cash used in financing activities		(141,258	)		(46,262	)
Effects of exchange rate changes on cash and cash equivalents		10			—
Net (decrease) increase in cash and cash equivalents		(4,335	)		20,183
Cash and Cash Equivalents, Beginning of period		56,859			58,919
Cash and Cash Equivalents, End of period	$	52,524		$	79,102

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Supplemental Detail on Earnings Per Share Calculation

In accordance with accounting guidance, unvested share-based payment awards that include non-forfeitable rights to dividends, whether paid or unpaid, are considered participating securities. As a result, such awards are required to be included in the calculation of basic earnings per share pursuant to the “two-class” method. For the Company, participating securities are comprised of unvested restricted stock awards.

Earnings per share is determined using the two-class method, as it is more dilutive than the treasury stock method. Basic earnings per share is computed by dividing net income available to common stockholders by the weighted-average number of common shares outstanding during the period. Diluted earnings per share reflects the dilutive effect of potential common shares from securities such as stock options and performance-based restricted stock units (“PSUs”). For the thirteen weeks ended November 2, 2013, potential common shares from securities such as stock options and PSUs were excluded from the computation of diluted EPS because they were antidilutive.

The following table sets forth the computation of basic and diluted earnings per share shown on the face of the accompanying condensed consolidated statements of income:

	Thirty-Nine Weeks Ended						Thirteen Weeks Ended
	November 2, 2013			October 27, 2012			November 2, 2013			October 27, 2012
	(dollars in thousands)
Numerator
Net income (loss)	$	66,231		$	148,697		$	(28,479	)	$	41,657
Net income and dividends declared allocated to unvested restricted stock		(1,785	)		(2,730	)		—			(789	)
Net income (loss) available to common shareholders	$	64,446		$	145,967		$	(28,479	)	$	40,868
Denominator
Weighted average common shares outstanding – basic		156,661,641			163,682,768			155,227,618			163,253,220
Dilutive effect of stock options and PSUs outstanding		941,988			1,070,757			—			1,157,510
Weighted average common and common equivalent shares outstanding – diluted		157,603,629			164,753,525			155,227,618			164,410,730
Net income (loss) per common share*:
Basic	$	0.41		$	0.89		$	(0.18	)	$	0.25
Diluted	$	0.41		$	0.89		$	(0.18	)	$	0.25

* Due to the differences between quarterly and year-to-date weighted average share counts and the effect of quarterly rounding to the nearest cent per diluted share, the year-to-date calculation of GAAP and non-GAAP diluted EPS may not equal the sum of the quarters.

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SEC Regulation G - The Company reports its consolidated financial results in accordance with generally accepted accounting principles (GAAP). However, to supplement these consolidated financial results, management believes that certain non-GAAP operating results, which exclude certain non-recurring charges including goodwill and trade name impairment and acquisition and integration costs, may provide a more meaningful measure on which to compare the Company’s results of operations between periods. The Company believes these non-GAAP results provide useful information to both management and investors by excluding certain expenses that impact the comparability of the results. A reconciliation of net income and earnings per diluted share on a GAAP basis to net income and earnings per diluted share on a non-GAAP basis is presented in the table below:

Chico’s FAS, Inc. and Subsidiaries

GAAP to Non-GAAP Reconciliation of Net Income (Loss) and Diluted EPS

(in thousands, except per share amounts)

	Thirty-Nine Weeks Ended				Thirteen Weeks Ended
	November 2, 2013		October 27, 2012		November 2, 2013			October 27, 2012
Net income:
GAAP basis	$	66,231	$	148,697	$	(28,479	)	$	41,657
Add: Impact of goodwill and trade name impairment charges, net of tax		64,266		—		64,266			—
Add: Impact of acquisition and integration costs, net of tax		577		820		—			299
Non-GAAP adjusted basis	$	131,074	$	149,517	$	35,787		$	41,956
Net income per diluted share:
GAAP basis	$	0.41	$	0.89	$	(0.18	)	$	0.25
Add: Impact of goodwill and trade name impairment charges, net of tax		0.40		0.00		0.40			0.00
Add: Impact of acquisition and integration costs, net of tax		0.00		0.00		0.00			0.00
Non-GAAP adjusted basis	$	0.81	$	0.89	$	0.22		$	0.25

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Chico’s FAS, Inc. and Subsidiaries

Store Count and Square Footage

Thirteen Weeks Ended November 2, 2013

(Unaudited)

	As of 8/3/13		New Stores		Closures			As of 11/2/13
Store count:
Chico’s frontline boutiques		616		2		(1	)		617
Chico’s outlets		106		2		—			108
WH|BM frontline boutiques		416		18		—			434
WH|BM outlets		52		4		—			56
WH|BM Canada		—		2		—			2
Soma frontline boutiques		218		14		—			232
Soma outlets		17		—		—			17
Boston Proper frontline boutiques		2		2		—			4
Total Chico’s FAS, Inc.		1,427		44		(1	)		1,470

	As of 8/3/13		New Stores		Closures			Other changes in SSF			As of 11/2/13
Net selling square footage (SSF):
Chico’s frontline boutiques		1,681,060		5,708		(1,615	)		(633	)		1,684,520
Chico’s outlets		267,673		4,852		—			—			272,525
WH|BM frontline boutiques		932,056		46,338		—			(90	)		978,304
WH|BM outlets		106,240		9,009		—			(153	)		115,096
WH|BM Canada		—		5,461		—			—			5,461
Soma frontline boutiques		413,499		26,198		—			240			439,937
Soma outlets		32,682		—		—			—			32,682
Boston Proper frontline boutiques		2,878		3,125		—			—			6,003
Total Chico’s FAS, Inc.		3,436,088		100,691		(1,615	)		(636	)		3,534,528

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Chico’s FAS, Inc. and Subsidiaries

Store Count and Square Footage

Thirty-Nine Weeks Ended November 2, 2013

(Unaudited)

	As of 2/3/13		New Stores		Closures			As of 11/2/13
Store count:
Chico’s frontline boutiques		606		15		(4	)		617
Chico’s outlets		99		9		—			108
WH|BM frontline boutiques		398		38		(2	)		434
WH|BM outlets		45		11		—			56
WH|BM Canada		—		2		—			2
Soma frontline boutiques		193		43		(4	)		232
Soma outlets		16		1		—			17
Boston Proper frontline boutiques		—		4		—			4
Total Chico’s FAS, Inc.		1,357		123		(10	)		1,470

	As of 2/3/13		New Stores		Closures			Other changes in SSF			As of 11/2/13
Net selling square footage (SSF):
Chico’s frontline boutiques		1,653,252		39,663		(9,392	)		997			1,684,520
Chico’s outlets		251,846		20,947		—			(268	)		272,525
WH|BM frontline boutiques		873,183		96,774		(4,247	)		12,594			978,304
WH|BM outlets		91,619		23,630		—			(153	)		115,096
WH|BM Canada		—		5,461		—			—			5,461
Soma frontline boutiques		370,770		83,896		(7,863	)		(6,866	)		439,937
Soma outlets		30,773		1,909		—			—			32,682
Boston Proper frontline boutiques		—		6,003		—			—			6,003
Total Chico’s FAS, Inc.		3,271,443		278,283		(21,502	)		6,304			3,534,528

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