Pacific Sun (PSUN) Q4 Comps Flat; Lowers Loss Outlook

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Pacific Sunwear Reports Holiday Sales; Provides Update on Fourth Quarter Financial Outlook

January 9, 2014 4:00 PM EST

ANAHEIM, Calif., Jan. 9, 2014 (GLOBE NEWSWIRE) -- Pacific Sunwear of California, Inc. (Nasdaq: PSUN) (the "Company"), announced today that its fourth fiscal quarter comparable store sales through January 4, 2014 (the "Holiday Period") were flat on a continuing operations basis, excluding online sales. The Company stated that with the growing relevance of online sales in the marketplace, it will hereafter include online sales in its comparable store sales. Including online sales, comparable store sales during the Holiday Period increased 1% compared to the same period a year ago, on a continuing operations basis.

"After a... More