Pacific Sunwear (PSUN) Reports In-Line Q2 EPS of $0.06; Guides Q3 Well Below the Street

Pacific Sunwear of California, Inc. (Nasdaq: PSUN) reports Q2 EPS of $0.06, in-line with the analyst estimate of $0.06. Revenues for the quarter were $312.7 million, versus the consensus of $309.68 million.

Same store sales fell 1% during the quarter.

Sees Q3 EPS from continuing operations of $0.00-$0.05 and Q3 adj-EPS of $0.11-$0.16. The Street estimate for Q3 is currently $0.23.

Pacific Sunwear of California, Inc., together with its subsidiaries, operates as a specialty retailer of action-sport inspired casual apparel, accessories, and footwear for teens and young adults in the United States and Puerto Rico.

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