Pacific Sunwear (PSUN) July Comps Down 4%

August 7, 2008 7:37 AM EDT
Pacific Sunwear of California, Inc. (Nasdaq: PSUN) said July same-store sales decreased four percent during the same period. Total PacSun sales for the four weeks of fiscal July ended August 2, 2008 were $99.1 million, a decrease of three percent.

Pacific Sunwear now expects to report earnings from continuing operations for the second quarter of fiscal 2008 in the range of $0.05 to $0.06 per diluted share. The consensus is $0.05.

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