Sponsors
Billabong ▲ +0.010 | PPR ▲ +2.40 | American Apparel ▲ +0.31 | The Buckle ▲ +0.25 | Columbia ▼ -0.26 | Deckers Outdoor ▲ +1.49 | Dicks ▲ +1.44 | Foot Locker ▲ +1.55 | Genesco ▲ +1.88 | Iconix Brand Group ▼ -0.22 | Jarden Corp ▲ +0.74 | Nordstrom ▲ +1.75 | Luxottica ▼ 0.00 | Nike ▲ +2.58 | Pacific Sunwear ▲ +0.01 | Skullcandy ▲ +0.31 | Sport Chalet - 0 | Urban Outfitters ▲ +0.85 | VF Corp ▲ +1.45 | Quiksilver ▲ +0.13 | Zumiez ▲ +0.48 | Macys ▲ +1.31 | Tillys ▲ +0.11 |
Ticker Sponsor
Readers Say
Executive Edition rules
Executive Edition rules

“Shop-Eat-Surf” is now officially, the first stop in the morning for industry news. Accurate reporting, no sensationalism, and just the facts. Refreshing support to an incredible industry with a very bright future. Tiffany has cemented her role in the industry....the site is thought provoking, and inspirational. Learning the stories of others is incredibly useful. Great way to connect the retail community with the wholesale and financial, instantly and nationwide. ... And the Executive Edition rules.

- By Bob Hurley, Chairman, Hurley International
In touch with our business
In touch with our business

If you're not plugged into Shop-Eat-Surf.com daily, you're out of touch with our business!

- By Peter "PT" Townend, The ActivEmpire
Industry Insight

AGENDA: GroupY's Emerge brand-building conference returns on Jan. 6.
SURFRIDER: "Protect What You Love" holiday appeal.
MOSS ADAMS: Plan now for tax season.
Details on Industry Insight.


Tiffany Montgomery
Print This Article

PacSun shows declines in Q4; problems in junior's continued

By Tiffany Montgomery
March 15, 2011 1:13 PM

PacSun continues to struggle as the junior’s business stays on its downward trend.

 

Here’s a quick summary of Q4 and full year results. We’ll have more information from the company’s conference call this afternoon.

 

Q4

 

Sales: down 10% to $263 million

 

Same store sales: Down 7%. Men’s posted a positive comp while junior’s continued to decline.

 

Net loss: $35 million vs. a net loss of $36 million in Q4 2009.

 

Cash at quarter end: $64 million and no debt.

 

2010

 

Sales: down 10% to $930 million

 

Same store sales: down 8%

 

Net loss: $97 million vs. a $70 million loss in 2009.

 

On page 2: Full text of PacSun's press release

 

 

Previous 1 2 Next

Articles You Might Have Missed