Pacific Sunwear Announces Third Quarter Operating Results; Issues Fourth Quarter Guidance

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Go back to Pacific Sunwear Announces Third Quarter Operating Results; Issues Fourth Quarter Guidance

Mizuho Remains Sidelined on Pacific Sunwear (PSUN) Despite Solid Q3 Beat and November Start

December 3, 2015 8:08 AM EST

Mizuho Securities maintained a Neutral rating and $0.50 price target on Pacific Sunwear of California (NASDAQ: PSUN) following the company's 3Q earnings report. EPS of $(0.05) surpassed consensus $(0.08) estimate. Despite the beat, Mizuho is looking for more consistent topline improvement amidst on-going competitive pressures.... More

PacSun (PSUN) Reports Q3 Loss of $0.05

December 2, 2015 4:07 PM EST

PacSun (NASDAQ: PSUN) reported Q3 EPS of ($0.05), versus ($0.03) reported last year. Revenue for the quarter came in at $205.9 million versus the consensus estimate of $197.97 million.

Comparable store sales for the third quarter of fiscal 2015 decreased 3%. The Company ended the third quarter of fiscal... More