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Q: Adverting budget ( No Answer,   1 Comment )
Question  
Subject: Adverting budget
Category: Business and Money
Asked by: onar-ga
List Price: $5.00
Posted: 29 Nov 2004 13:18 PST
Expires: 29 Dec 2004 13:18 PST
Question ID: 435654
What is the adverting budget for Chico's FAS stores?

Clarification of Question by onar-ga on 29 Nov 2004 13:26 PST
What is Chico's FAS advertising budget?
Answer  
There is no answer at this time.

Comments  
Subject: Re: Adverting budget
From: vballguy-ga on 29 Nov 2004 14:01 PST
 
From their annual report:

2003 - $27.3 million
2002 - $18.8 million
2001 - $12.8 million

"Advertising Costs
Costs associated with advertising are charged to expense as incurred
except for catalogs, which are amortized over the life of the
catalog (typically less than six weeks). For fiscal 2003, 2002 and
2001, advertising costs of approximately $27.3 million, $18.8
million, and $12.8 million, respectively, are included in general,
administrative and store operating expenses."

p.33 @ http://www.chicos.com/store/pdf/Chicos_Annual_Report_2003.pdf

-VBallGuy (Not a GA Researcher)

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