Pacific Sunwear (PSUN) Reports Q1 Loss of 47c, Misses by 10c; Guides Q2 Below the Street

May 20, 2010 4:06 PM EDT
Pacific Sunwear (Nasdaq: PSUN) reports Q1 loss of $0.47, 10 cents lower than the analyst estimate of ($0.37). Revenue for the quarter was $190.3 million, which compares to the estimate of $185.77 million.

Sees Q2 adj-loss of $0.22-$0.28, versus the consensus of a loss of $0.16. Sees Q2 same store sales down 9-14%.

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