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Pacific Sunwear updates Q4 EPS guidance
08 Feb '08
3 min read
By concept, PacSun same-store sales increased 2.1 percent and demo same-store sales decreased 31.0 percent compared to the same thirteen-week period last year. Total Company same-store sales decreased 2.2 percent during the same period.
Total sales for the 52-weeks of fiscal 2007 ended February 2, 2008 were $1,446.4 million, an increase of 4.6 percent over total sales of $1,383.0 million during the same 52 week period ended February 3, 2007.
By concept, PacSun total sales were $1,305.9 million, an increase of 6.7 percent over total sales of $1,223.0 million during the same 52-week period last year. demo total sales were $135.0 million, a decrease of 12.7 percent from total sales of $154.6 million during the same 52-week period last year.
By concept, PacSun same-store sales increased 3.4 percent and demo same-store sales decreased 19.6 percent compared to the same 52-week period last year. Total Company same-store sales increased 0.7 percent during the same period. Sales figures for both years exclude sales from the 74 demo stores closed earlier this fiscal year.
Fourth Quarter Earnings Update:
The Company now expects fourth quarter GAAP earnings to be $0.13 to $0.16 per diluted share. The Company reiterated its fourth quarter, non-GAAP earnings guidance of $0.29 to $0.32 per diluted share.
Total sales for the 52-weeks of fiscal 2007 ended February 2, 2008 were $1,446.4 million, an increase of 4.6 percent over total sales of $1,383.0 million during the same 52 week period ended February 3, 2007.
By concept, PacSun total sales were $1,305.9 million, an increase of 6.7 percent over total sales of $1,223.0 million during the same 52-week period last year. demo total sales were $135.0 million, a decrease of 12.7 percent from total sales of $154.6 million during the same 52-week period last year.
By concept, PacSun same-store sales increased 3.4 percent and demo same-store sales decreased 19.6 percent compared to the same 52-week period last year. Total Company same-store sales increased 0.7 percent during the same period. Sales figures for both years exclude sales from the 74 demo stores closed earlier this fiscal year.
Fourth Quarter Earnings Update:
The Company now expects fourth quarter GAAP earnings to be $0.13 to $0.16 per diluted share. The Company reiterated its fourth quarter, non-GAAP earnings guidance of $0.29 to $0.32 per diluted share.
Pacific Sunwear of California Inc
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