Pacific Sunwear (PSUN) August Comps Rise 9.6%, Well Above Consensus View
Tweet
Share
E-mailGet Alerts PSUN Hot Sheet
Join SI Premium – FREE
Pacific Sunwear of California, Inc. (Nasdaq: PSUN) said same-store sales increased 9.6% in August, versus the consensus of a 1.8% gain.
The company reported that total sales for the four weeks of fiscal August ended September 1, 2007 were $181.6 million, an increase of 13.6%.
The Company believes that its August sales performance is attributable in part to the later start of back to school in Florida and Texas that occurred in fiscal August this year versus fiscal July last year.
The company reported that total sales for the four weeks of fiscal August ended September 1, 2007 were $181.6 million, an increase of 13.6%.
The Company believes that its August sales performance is attributable in part to the later start of back to school in Florida and Texas that occurred in fiscal August this year versus fiscal July last year.
You May Also Be Interested In
- BofA sees a stronger path to sustainable growth for this work platform name
- Buy this high-quality civil aerospace franchise: Goldman
- Analyst explains why you should buy the dip in this U.S. retail stock
Create E-mail Alert Related Categories
Hot List, Retail SalesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
