Sponsors
Billabong ▼ -0.005 | PPR ▲ +1.50 | American Apparel ▲ +0.030 | The Buckle ▲ +1.15 | Columbia ▲ +0.42 | Deckers Outdoor ▲ +0.80 | Dicks ▲ +1.21 | Foot Locker ▲ +0.52 | Genesco ▲ +0.37 | Iconix Brand Group ▼ -6.62 | Jarden Corp ▲ +0.23 | Nordstrom ▲ +0.27 | Luxottica ▲ +0.30 | Nike ▲ +1.44 | Pacific Sunwear ▲ +0.02 | Skullcandy ▲ +0.24 | Sport Chalet - 0 | Urban Outfitters ▲ +0.39 | VF Corp ▲ +0.23 | Quiksilver ▼ 0.00 | Zumiez ▲ +1.43 | Macys ▲ +0.34 | Tillys ▲ +0.44 |
Ticker Sponsor
Readers Say
I waited too long to sign up for Executive Edition
I waited too long to sign up for Executive Edition

I read Shop-Eat-Surf at every opportunity, and I waited too long to sign up for the Executive Edition. It’s timely, relevant and clearly “from the industry, for the industry.

- By Andy Laats, President, Nixon
Always a good daily read
Always a good daily read

Shop-Eat-Surf creates a good source of timely information about the industry. The site makes all types and size companies feel part of a community where everyone is stoked to hear about other companies successes and ideas. It is always a good daily read.

- By Ted Li, VP of North America, Oakley
Industry Insight

SHACC: Trailblazers in Women's surfing exhibit opens April 25.
ROTH CAPITAL PARTNERS: Zumiez comps exceed estimates.

Details on Industry Insight.


Tiffany Montgomery
Print This Article

PacSun now expects Q3 loss after weak October

By Tiffany Montgomery
November 06, 2008 7:30 AM

PacSun now expects to report a third quarter loss after sales continue to weaken across most of the country.

October same-store sales: down 11 percent

Q3 comps: down 7 percent

YTD comps: down 3 percent

Oct. apparel comps: up 1 percent

Juniors apparel: up 5 percent. Strength in tops and Bullhead denim.

Young men's apparel: down 3 percent. Bullhead denim was strong, T's weak.

Accessory comps: down 41 percent

Footwear comps: down 64 percent as the company exits most footwear.

No. of transactions: up mid-single digits

Average sale: down mid-teens

Regions: Sales were weak in all regions except the Midwest, which was flat. The weakest regions were California, Desert Southwest, Northwest, Rocky Mountains and Great Plains.

Guidance: The company lowered its guidance for the third quarter, and now expects to report a loss of 7 cents to 8 cents per diluted share. Previously, PacSun had forecast earnings of 0 cents to 5 cents.

 


More on: PacSun, sales

Articles You Might Have Missed