{"id":23381,"date":"2011-05-23T20:09:03","date_gmt":"2011-05-24T03:09:03","guid":{"rendered":"http:\/\/www.boardistan.com\/?p=23381"},"modified":"2011-05-24T14:16:14","modified_gmt":"2011-05-24T21:16:14","slug":"pacific-sunwear-is-a-loser","status":"publish","type":"post","link":"http:\/\/www.boardistan.com\/?p=23381","title":{"rendered":"Pacific Sunwear Is A Loser"},"content":{"rendered":"<p><a href=\"http:\/\/www.boardistan.com\/wp-content\/uploads\/2011\/05\/pacsun_logo.png\" onclick=\"window.open('http:\/\/www.boardistan.com\/wp-content\/uploads\/2011\/05\/pacsun_logo.png','popup','width=189,height=70,scrollbars=no,resizable=yes,toolbar=no,directories=no,location=no,menubar=no,status=yes,left=0,top=0');return false\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.boardistan.com\/wp-content\/uploads\/2011\/05\/pacsun_logo-tm.jpg\" height=\"37\" width=\"100\" border=\"1\" align=\"right\" hspace=\"4\" vspace=\"4\" alt=\"Pacsun Logo\" \/><\/a><strong><a href=\"http:\/\/www.wstreet.com\/\" target=\"_blank\">Wall Street Strategies<\/a><\/strong> senior analyst <strong><a href=\"http:\/\/www.wstreet.com\/about\/research_team.asp\" target=\"_blank\">Brian Sozzi <\/a><\/strong>had some things to say to <strong><a href=\"http:\/\/www.benzinga.com\/analyst-ratings\/analyst-color\/11\/05\/1106441\/brian-sozzi-gives-his-outlook-for-the-apparel-sector\" target=\"_blank\">Benzinga.com<\/a><\/strong> about the winners and losers in the &#8220;apparel sector&#8221; and he wasn&#8217;t all that complimentary about <strong><a href=\"http:\/\/shop.pacsun.com\/\" target=\"_blank\">PacSun<\/a><\/strong>.<\/p>\n<blockquote><p>In a world where <strong><a href=\"http:\/\/www.zumiez.com\/\" target=\"_blank\">Zumiez<\/a><\/strong> is winning and certain teen apparel departments within department stores are winning, there has to be a loser, and <strong><a href=\"http:\/\/shop.pacsun.com\/\" target=\"_blank\">Pacific Sunwear<\/a><\/strong> is a loser. When I look at their balance sheet, if they cannot show signs of life by the back-to-school shopping season, which I think is going to be the case, I&#8217;m wondering if they&#8217;re going to have problems getting supply for the holiday selling season.&#8221;<\/p><\/blockquote>\n<p>It seems that <strong><a href=\"http:\/\/youtu.be\/8nNm7xZr-y4\" target=\"_blank\">dressing might not be the the only thing they&#8217;re doing irresponsibly<\/a><\/strong> at the company. To hear more of Sozzi&#8217;s thoughts <strong><a href=\"https:\/\/s3.amazonaws.com\/benzingaradio\/Strategies\/brian-sozzi-052311.mp3\" target=\"_blank\">click here for an entire podcast<\/a><\/strong>. To read a financial report from PacSun&#8217;s Q1 (in which they lost $31 million) <strong><a href=\"http:\/\/www.sec.gov\/Archives\/edgar\/data\/874841\/000095012311053520\/a59578exv99w1.htm\" target=\"_blank\">click here<\/a><\/strong>.<\/p>\n<p><strong>[Link: <\/strong><strong><a href=\"http:\/\/www.benzinga.com\/analyst-ratings\/analyst-color\/11\/05\/1106441\/brian-sozzi-gives-his-outlook-for-the-apparel-sector\" target=\"_blank\">Benzinga<\/a><\/strong><strong>]<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wall Street Strategies senior analyst Brian Sozzi had some things to say to Benzinga.com about the winners and losers in the &#8220;apparel sector&#8221; and he wasn&#8217;t all that complimentary about PacSun. In a world where Zumiez is winning and certain teen apparel departments within department stores are winning, there has to be a loser, and [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[10,12],"tags":[],"_links":{"self":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/23381"}],"collection":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23381"}],"version-history":[{"count":7,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/23381\/revisions"}],"predecessor-version":[{"id":23398,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/23381\/revisions\/23398"}],"wp:attachment":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23381"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}