Pacific Sunwear (PSUN) June Comps Down 2.7%; Guides Below

Pacific Sunwear of California, Inc. (Nasdaq: PSUN) said total Company same store sales decreased 2.7 percent in June, versus the consensus of a 0.5% decline.

Assuming a continuation of the quarter to date comp trend, the Company believes that second quarter earnings will be in the range of $0.19 to $0.21 per diluted share, versus the consensus of $0.25.

You May Also Be Interested In

• BJ's Wholesale Club (BJ) Tops Q2 EPS by 19c, Beats on Revenue; Offers FY27 EPS Guidance
• This name is "a later-cycle beneficiary of the AI spending cycle": Goldman
• Farm equipment maker seen topping forecasts as commodity trends improve