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Pacific Sunwear updates Q4 EPS guidance
08
Feb '08
Pacific Sunwear of California Inc reported that total Company sales for the four weeks of fiscal January ended February 2, 2008 were $66.3 million, a decrease of 3.7 percent over total sales of $68.9 million during the same four week period ended February 3, 2007.

By concept, PacSun total sales were $59.6 million, a slight increase over total sales of $59.4 million during the same four week period last year. demo total sales were $6.6 million, a decrease of 36.6 percent from total sales of $10.4 million during the same four week period last year.

By concept, PacSun same-store sales decreased 1.7 percent and demo same-store sales decreased 37.9 percent compared to the same four week period last year. Total Company same-store sales decreased 7.4 percent during the same period. Due to the 53rd week in fiscal year 2006, total sales and comparable store sales for fiscal January 2007 are compared to the four-week period ended February 3, 2007.

Total sales for the 13-weeks of fourth quarter fiscal 2007 ended February 2, 2008, were $421.8 million, a slight increase over total sales of $419.0 million during the same 13-week period ended February 3, 2007.

By concept, PacSun total sales for the 13-week period were $384.1 million, a 4.5 percent increase over total sales of $367.6 million during the comparable 13-week period last year. demo total sales were $36.0 million, a decrease of 29.2 percent from total sales of $50.8 million during the comparable 13-week period last year.


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