Sales slip at Pacific Sunwear in August

04/09/2006

US specialty retailer of apparel, accessories and footwear Pacific Sunwear of California, Inc. has reported a 4% drop in sales for the four weeks of fiscal August ended August 26. Total sales slipped to $168.8 million from $175.7 million during the same period last year. Total same-store sales decreased 9.4% during the same period.

On a more positive note, total sales for the first 30 weeks of fiscal 2006 were $782.3 million, an increase of 2.3% over the $764.8 million reported during the same period in 2005, however, same-store sales decreased 5%.

The company currently operates 828 PacSun stores, 106 PacSun Outlet stores, 205 d.e.m.o. stores and nine One Thousand Steps storesa total of 1,148 stores in the USA and Puerto Rico.