Sponsors
Billabong ▲ +0.005 | PPR ▲ +6.90 | American Apparel ▼ 0.000 | The Buckle ▼ 0.00 | Columbia ▼ 0.00 | Deckers Outdoor ▼ 0.00 | Dicks ▼ 0.00 | Foot Locker ▼ 0.00 | Genesco ▼ 0.00 | Iconix Brand Group ▼ 0.00 | Jarden Corp ▼ 0.00 | Nordstrom ▼ 0.00 | Luxottica ▼ 0.00 | Nike ▼ 0.00 | Pacific Sunwear ▼ 0.00 | Skullcandy ▼ 0.00 | Sport Chalet ▼ 0.00 | Urban Outfitters ▼ 0.00 | VF Corp ▼ 0.00 | Quiksilver ▼ 0.00 | Zumiez ▼ 0.00 | Macys ▼ 0.00 | Tillys ▼ 0.00 |
Ticker Sponsor
Readers Say
Executive Edition is a must have
Executive Edition is a must have

Before Shop-Eat-Surf, there were two sites I paid for premium content on. One is Surfline, the other is the Wall Street Journal. One is about all things surf, the other, the best business content site in the world. Shop-eat-surf is the intersection of those two worlds. Shop-Eat-Surf provides everything from coverage of events, people, brands and trends. However, beyond the Executive Edition "wall" is more meaty analysis and interpretation of financial statements, business models and brand philosophies; why certain brands and companies are succeeding, where others aren't. The Executive Edition is a must have read if the business of surf and action sports are on your radar screen.

- By Jeff Berg, Co-owner, Surfline
The one, undisputed leader
The one, undisputed leader

It is common knowledge in our industry that there is one undisputed leader in reporting on the topics, businesses and trends that impact all of us the most, and it is shop-eat-surf.com. Their access to those who make our industry happen is second to none, and we value not only the content of their reporting but the editorial thought on what it all means both in the present as well as the future. If we were asked to give a rating, it would be five out of five stars.

- By Craig Levra, CEO, Sport Chalet
Industry Insight

SHACC: "Endless Summer" party this Friday.
KNOWSHOW: Complete list of exhibitor brands and mobile app available.
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