Considering all the chaos going on the the financial world Pac Sun being down only two percent in May vs. 2007. Same store sales, however, were down three percent according to a press release.
Total PacSun sales for the first 17 weeks of fiscal 2008 were $353.7 million versus total PacSun sales of $356.4 million during the same period last year. PacSun same store sales decreased two percent during the same period.
Seems like it could be so much worse.
Pacific Sunwear of California, Inc. (Nasdaq:PSUN) today reported that total PacSun sales for the four weeks of fiscal May ended May 31, 2008 were $86.9 million, a decrease of two percent versus total PacSun sales of $88.5 million during the same period last year. PacSun same-store sales decreased three percent during the same period.
Total PacSun sales for the first 17 weeks of fiscal 2008 were $353.7 million versus total PacSun sales of $356.4 million during the same period last year. PacSun same store sales decreased two percent during the same period.
For more detailed information on May sales results, please call (714) 414-4210 to listen to a recorded commentary.
About Pacific Sunwear of California, Inc.
Pacific Sunwear is a leading lifestyle specialty retailer rooted in the youth culture and fashion vibe of Southern California. The Company sells casual apparel with a limited selection of accessories and footwear designed to meet the needs of teens and young adults. As of May 31, 2008, the Company operated 818 PacSun stores and 122 PacSun Outlet stores for a total of 940 stores in 50 states and Puerto Rico. PacSun’s website address is www.pacsun.com.
The Pacific Sunwear of California logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=2087
CONTACT: Pacific Sunwear of California, Inc.
Gar Jackson, Sr. Director Investor Relations
(714) 414-4049
