Sponsors
Billabong ▲ +0.015 | PPR ▲ +1.55 | American Apparel ▲ +0.001 | The Buckle ▲ +0.41 | Columbia ▲ +0.28 | Deckers Outdoor ▼ -0.79 | Dicks ▲ +1.05 | Foot Locker ▲ +0.17 | Genesco ▼ -0.28 | Iconix Brand Group ▼ -0.09 | Jarden Corp ▼ -0.89 | Nordstrom ▲ +1.07 | Luxottica ▼ -0.09 | Nike ▼ -0.25 | Pacific Sunwear ▼ -0.02 | Skullcandy ▼ -0.35 | Sport Chalet ▼ -0.05 | Urban Outfitters ▲ +0.07 | VF Corp ▲ +0.52 | Quiksilver ▼ -0.15 | Zumiez ▼ -0.03 | Macys ▲ +0.60 | Tillys ▼ -0.16 |
Ticker Sponsor
Readers Say
Since the inception of Executive Edition, I only need 1 stop
Since the inception of Executive Edition, I only need 1 stop

As a retailer in the surf industry for the past 21 years, I have had to use multiple sources to stay informed to the news within surf. Since the inception of the Executive Edition of Shop-Eat-Surf.com, I need only one stop. Thanks for providing such a valuable tool to all of us in the industry. Shop-Eat-Surf is a must read for all of our staff at Maui Nix.

- By George Karamitos, CEO, Maui Nix
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
New Industry Insight

Shorebreak Hotel as a venue for industry events. Cinematographer Louie Schwartzberg's "Moving Art Retreat" in June at Turtle Bay Resort. Details on Industry Insight.


Tiffany Montgomery
Print This Article

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

PacSun shows declines in Q4;
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