Pacific Sunwear net retail sales down 4% in August
31 Aug '06
2 min read
Specialty retailer of casual apparel, accessories and footwear, Pacific Sunwear of California Inc reported that total sales for the four weeks of fiscal August ending August 26, 2006 were $168.8 million, a decrease of 4.0 percent over total sales of $175.7 million during the same period last year.
Total Company same-store sales decreased 9.4 percent during the same period. By concept, PacSun same-store sales decreased 8.9 percent and d.e.m.o. same-store sales decreased 14.1 percent compared to the same four week period last year.
Total sales for the first 30 weeks of fiscal 2006 were $782.3 million, an increase of 2.3 percent over total sales of $764.8 million during the same period last year. Total Company same-store sales decreased 5.0 percent during the same period. By concept, PacSun same-store sales decreased 4.9 percent and d.e.m.o. same-store sales decreased 5.7 percent compared to the same 30 week period last year.
Pacific Sunwear, operating under three distinct retail concepts, is a leading specialty retailer of everyday casual apparel, accessories and footwear designed to meet the needs of active teens and young adults.
As of August 26, 2006, the Company operated 828 PacSun stores, 106 PacSun Outlet stores, 205 d.e.m.o. stores and 9 One Thousand Steps stores for a total of 1,148 stores in 50 states and Puerto Rico.
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