Content about Pacific Sunwear

August 23, 2012
Pacific Sunwear narrows loss in Q2

Pacific Sunwear of California Inc. reported a loss of $17.5 million for the second quarter, narrowed from a loss of $19.3 million in the year-ago period.

Anaheim, Calif. -- Pacific Sunwear of California Inc. reported Wednesday a loss of $17.5 million for the second quarter, narrowed from a loss of $19.3 million in the year-ago period.

Results were boosted by a 5% sales in the quarter ended July 28 – to $210.3 million, from $200.9 million last year. Wall Street expected $203.1 million in revenue.

Same-store sales climbed 5%, which included a 7% rise in PacSun’s men’s division and a 2% rise on the women’s side.
 

May 17, 2012
Pacific Sunwear narrows loss in Q1

Pacific Sunwear of California reported a loss of $15.6 million, narrowed from a loss of $28.7 million in the year-ago period.

Anaheim, Calif. -- Pacific Sunwear of California reported Thursday a loss of $15.6 million, narrowed from a loss of $28.7 million in the year-ago period.

Sales edged up to $173.8 million from $171.9 million, and same-store sales increased 1%.

March 14, 2012
Pacific Sunwear Q4 net loss widens

Pacific Sunwear of Calif. Inc. reported that its loss for the quarter ended Jan. 28 widened to $38.1 million, compared with a net loss of $35.2 million a year earlier.

Anaheim, Calif. -- Pacific Sunwear of Calif. Inc. reported Tuesday that its loss for the quarter ended Jan. 28 widened to $38.1 million, compared with a net loss of $35.2 million a year earlier. Sales dipped 1% to $234.2 million from $237.6 million, missing Wall Street’s expected revenue of $245.9 million.

PacSun has been in the throes of a right-sizing effort, working to build sales while closing underperforming stores. The company closed 87 stores during fourth quarter and ended fiscal 2011 with 733 stores.

December 8, 2011
PacSun loss widens in Q3 loss; to close up to 200 stores

Pacific Sunwear of California Inc. reported that losses widened in the third quarter to $17.6 million, from $7.1 million a year earlier.

Anaheim, Calif. -- Pacific Sunwear of California Inc. reported Wednesday that losses widened in the third quarter to $17.6 million, from $7.1 million a year earlier. The decline was due in large part to charges associated with store closures.

August 23, 2011
PacSun deploys Global Bay in-store iPad retailing app

Global Bay Mobile Technologies, a provider of mobile retail software, announced the deployment of its iPad Retailing solution in 300 Pacific Sunwear stores nationwide.

South Plainfield, N.J. -- Global Bay Mobile Technologies, a provider of mobile retail software, announced the deployment of its iPad Retailing solution in 300 Pacific Sunwear stores nationwide. The chain plans to implement the solution in an additional 100 stores by yearend.

May 25, 2011
PacSun gets back to a positive comp

Pacific Sunwear of California announced that net sales for the first quarter of fiscal 2011 were $186 million, a decrease of 2% from net sales of $190 million for the first quarter of fiscal 2010.

Anaheim, Calif. — Pacific Sunwear of California announced that net sales for the first quarter of fiscal 2011 were $186 million, a decrease of 2% from net sales of $190 million for the first quarter of fiscal 2010. Total company same-store sales increased 1% during the first quarter of fiscal 2011.

The company reported a net loss of $31 million, or 48 cents per share, for the first quarter of fiscal 2011 compared to a net loss of $31 million, or 47 cents per share, for the first quarter of fiscal 2010.

April 20, 2011
Pacific Sunwear appoints CFO

Pacific Sunwear of California announced that Michael Kaplan will join the company as senior VP and CFO, effective May 2.

Anaheim, Calif. -- Pacific Sunwear of California announced that Michael Kaplan will join the company as senior VP and CFO, effective May 2. He will be replacing Mike Henry who became interim CFO in November 2007 and was named CFO in January 2008.

Most recently, Kaplan was CFO of Harbor Freight Tools, a 349-store retailer of proprietary branded tools. Prior to joining Harbor Freight Tools in 2010, he was a senior executive of Gap Inc. from 2005 to 2010.

March 16, 2011
PacSun losses continue in Q4

Pacific Sunwear of California announced that total sales for the fourth quarter of fiscal 2010 were $263 million, a decrease of 10% from total sales of $293 million for the fourth quarter of fiscal 2009.

Anaheim, Calif. -- Pacific Sunwear of California announced that total sales for the fourth quarter of fiscal 2010 were $263 million, a decrease of 10% from total sales of $293 million for the fourth quarter of fiscal 2009. Total company same-store sales decreased 7% during the fourth quarter of fiscal 2010.

The company reported a net loss of $35 million, or 53 cents per share, for the fourth quarter of fiscal 2010 compared with a net loss of $36 million, or 56 cents per share, for the fourth quarter of fiscal 2009.

August 24, 2010
Loss widens at Pacific Sunwear

Pacific Sunwear of California posted a wider loss in its fiscal second quarter as sales...

May 20, 2010
PacSun loss widens

Pacific Sunwear of California said Thursday that its fiscal first-quarter loss widened as revenue fell 15%....

March 11, 2010
Pacific Sunwear widens loss in Q4, sales drop

Pacific Sunwear of California reported late Thursday that its fourth-quarter loss widened as sales fell....

January 4, 2010
Pacific Sunwear appoints marketing exec

Robert Cameron has been named senior VP marketing for Pacific Sunwear of California....

January 27, 2009
Pacific Sunwear Announces Cuts

Pacific Sunwear of California Inc. said Wednesday it will cut 57 jobs or about 11%...

December 14, 2008
Adrenalina Criticizes PacSun Board for Rejecting Offer

Extreme-sports marketer Adrenalina on Monday released a statement in which it said it would consider...

December 9, 2008
PacSun’s Division President Resigns

Thomas M. Kennedy, division president of PacSun, is resigning from his position to pursue other...

November 18, 2008
Pacific Sunwear Sales Drop 5.3%

Pacific Sunwear of California reported that its sales for the quarter fell 5.3% to $323.6...

October 29, 2008
PacSun Rejects Second Bid by Adrenalina

Pacific Sunwear of California Inc. has rejected a second buyout proposal from Miami's Adrenalina. The...

October 28, 2008
Report: Adrenalina Ups Bid for PacSun

Extreme-sports marketer and retailer Adrenalina has once again made an offer for Pacific Sunwear of...

October 20, 2008
Pacific Sunwear Rejects Adrenalina’s Bid

Pacific Sunwear of California said Tuesday that its board of directors has rejected an unsolicited...

October 20, 2008
Pacific Sunwear Rejects Adrenalina’s Bid

Pacific Sunwear of California said Tuesday that its board of directors has rejected an unsolicited...

October 19, 2008
Adrenalina Makes Bid for PacSun

Pacific Sunwear of California Inc. on Monday received a $4.50-per-share cash and stock bid from...

October 19, 2008
Adrenalina Makes Bid for PacSun

Pacific Sunwear of California Inc. on Monday received a $4.50-per-share cash and stock bid from...

August 21, 2008
Pacific Sunwear Swings to 2Q Profit

Pacific Sunwear of California Inc. said Thursday that it swung to a fiscal second-quarter profit...

May 21, 2008
Pacific Sunwear Posts Wider

Pacific Sunwear of California Inc. on Thursday posted a wider quarterly net loss as same-store...

May 7, 2008
Consumers Shopped Cautiously in April

Apparel chains struggled through another dismal month in April, but discounters fared well as consumers...