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Tiffany Montgomery
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October same-store sales flash report

By Tiffany Montgomery
November 08, 2007 5:36 AM

October same-store sales are out. Here's the report.


Pacific Sunwear

New focus on company-made, fashionable juniors merchandise continues to gain traction.

Company same-store sales: down 0.8 percent

PacSun stores: up 2.3 percent

Demo stores: down 22.8 percent

PacSun girls: up high teens led by Bullhead Denim, dresses, tops and shorts.

PacSun guys: up low single digit. Strong in tops offset by weakness in pants and fashion denim.

Accessories: down high teens. Girls down low teens, guys down mid-20s.

Footwear: down mid single digits. Guys down mid single digits, girls down high single digits.

Best regions: Texas, Midwest, New England, Northwest.

Weak regions: Desert Southwest, Southern California, Florida.

Guidance: Raised guidance for Q3 to 14-to-15 earnings per share from 10-to-13 per share (not including charges for closing One Thousand Steps and evaluation of Demo).


Zumiez

Same-store sales: up 5.1 percent

Strong category: skate hard goods

More details: lower inventory in snow products compared impacted results.

Guidance: Cut guidance for third quarter and the year. The company is taking a more conservative outlook due to its reliance on seasonal merchandise in the fourth quarter. For Q3, earnings per share will be 27-to-28 cents full year earnings per share will be 92-to-94 cents.


Macy's

Same-store sales: down 1.5 percent


Nordstrom

Same-stores sales: down 2.4 percent

Strong categories: designer apparel and accessories

Strong regions: South, Midwest and Northwest

Weak regions: Southern California adversely effected by fires.


Hollister (owned by Abercrombie & Fitch)

Same-store sales: down 5 percent

Guys: up high single digits

Girls: down low double digits


The Buckle

Same-store sales: up 14.9 percent

Mens: up 24.5 percent

Strong categories, mens: denim, woven/knits, sweaters

Women's: up 17 percent

Strong categories, women's: denim, knits, outerwear

Accessories combined: up slightly

Footwear: down 8.5 percent


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