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Pacific Sunwear (PSUN) August Comps Down 9.4%

August 31, 2006 7:34 AM EDT
Pacific Sunwear of California, Inc. (NASDAQ: PSUN) said total company same-store sales decreased 9.4%, versus the consensus of a 4.6% decline. The company 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.

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

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