Email | Share | Print

PacSun April results rise but Q1 down

By TIFFANY MONTGOMERY
May 08, 2008 07:35 AM

Pacific Sunwear recorded a 4 percent increase in same store sales in April at its PacSun chain.

But same-store sales for the quarter declined 1 percent which will impact profits, the company said. PacSun now expects a net loss of 17 to 18 cents per diluted share for the first quarter, which includes a charge of 7 cents per share in connection with the sale of its distribution center in Anaheim. Analysts on average had expected a loss of 7 cents per share.

April results

Apparel comps: up 22 percent

Juniors comps: up mid 30s

Strong juniors categories: tops, dresses, Bullhead denim

Guys comps: up low double digits

Strong guys categories: tops, shorts, basic denim

Strong regions: New England, Mid-Atlantic, Texas

Weak regions: Desert Southwest, Rocky Mountains, Florida, Southern California

▼ Professional Services

► News from other sources

► Industry Insight

► What our readers say...

PacSun April results rise but Q1 down

April results

Articles you might have missed

▼ Industry Releases

▼ Executive Edition

▼ Top Viewed