ANAHEIM, Calif., Nov. 16, 2009 (GLOBE NEWSWIRE) -- Pacific Sunwear of California, Inc. (Nasdaq:PSUN) (the "Company") today announced that net sales for the third quarter (13 weeks) of fiscal 2009 ended October 31, 2009 were $268 million versus net sales from continuing operations of $324 million for the third quarter (13 weeks) of fiscal 2008 ended November 1, 2008. Total Company same-store sales decreased 18 percent during the period.
The Company recorded a net loss of $10.9 million, or ...
ANAHEIM, Calif., Nov. 3, 2009 (GLOBE NEWSWIRE) -- Pacific Sunwear of California, Inc. (Nasdaq:PSUN) plans to announce on Monday, November 16, 2009, its financial results for the third quarter 2009, which ended October 31, 2009. The Company plans to issue a news release that day at approximately 4:00 p.m. Eastern time, immediately following the closing of regular stock market trading hours. Following the news release, Pacific Sunwear management will host a conference call beginning at 4:30 p.m. E...
ANAHEIM, Calif., Aug. 20, 2009 (GLOBE NEWSWIRE) -- Pacific Sunwear of California, Inc. (Nasdaq:PSUN) (the "Company") today announced that net sales for the second quarter (13 weeks) of fiscal 2009 ended August 1, 2009, were $243 million versus net sales from continuing operations of $313 million for the second quarter (13 weeks) of fiscal 2008 ended August 2, 2008. Total Company same-store sales decreased 24 percent during the period.
The Company recorded a net loss of $14.2 million, or $(0...
ANAHEIM, Calif., Aug. 10, 2009 (GLOBE NEWSWIRE) -- Pacific Sunwear of California, Inc. (Nasdaq:PSUN) plans to announce on Thursday, August 20, 2009, its financial results for the first quarter 2009, which ended August 1, 2009. The Company plans to issue a news release that day at approximately 4:00 p.m. Eastern time, immediately following the closing of regular stock market trading hours. Following the news release, Pacific Sunwear management will host a conference call beginning at 4:30 p.m. Ea...
ANAHEIM, Calif., July 22, 2009 (GLOBE NEWSWIRE) -- Pacific Sunwear of California, Inc. (Nasdaq:PSUN), today announced updated earnings expectations for the second quarter of fiscal 2009.
Same-store sales for the second quarter are projected to decrease by approximately 24% versus original expectations of negative 17% to 20%. Additionally, the Company expects a lower effective income tax rate and higher store asset impairment charges for the quarter. As a result, the Company now expects to r...
Ms. Kasaks to Continue as a Director
Lead Director Peter Starrett to Serve as Chairman of the Board
ANAHEIM, Calif., June 17, 2009 (GLOBE NEWSWIRE) -- Pacific Sunwear of California, Inc. (Nasdaq:PSUN), today announced that Gary H. Schoenfeld, who previously served as President and Chief Executive Officer of Vans, Inc. and Co-CEO and President of Global Brands Group, will become President and Chief Executive Officer of the Company, effective June 29, 2009. Mr. S...
ANAHEIM, Calif., June 3, 2009 (GLOBE NEWSWIRE) -- Pacific Sunwear of California, Inc. (Nasdaq:PSUN) is scheduled to present at the Piper Jaffray 29th Annual Consumer Conference in New York on Wednesday, June 10, 2009 at 10:00 AM EST. Pacific Sunwear will be represented at the conference by Sally Frame Kasaks, Chief Executive Officer, and Mike Henry, Sr., Vice President and Chief Financial Officer.
The presentation will also be available via live webcast, and interested parties can access th...
ANAHEIM, Calif., May 21, 2009 (GlobeNewswire via COMTEX) -- Pacific Sunwear of California, Inc. (Nasdaq:PSUN) (the "Company") today announced that net sales for the first quarter (13 weeks) of fiscal 2009 ended May 2, 2009, were $223.5 million versus net sales from continuing operations of $266.9 million for the first quarter (13 weeks) of fiscal 2008 ended May 3, 2008. Total Company same-store sales decreased 18 percent during the period.
The Company recorded a net loss of $8.7 million, or $(0...
ANAHEIM, Calif., May 6, 2009 (GlobeNewswire via COMTEX) -- Pacific Sunwear of California, Inc. (Nasdaq:PSUN) plans to announce on Thursday, May 21, 2009, its financial results for the first quarter 2009, which ended May 2, 2009. The Company plans to issue a news release that day at approximately 4:00 p.m. Eastern time, immediately following the closing of regular stock market trading hours. Following the news release, Pacific Sunwear management will host a conference call beginning at 4:45 p.m. ...
ANAHEIM, Calif., April 3, 2009 (GLOBE NEWSWIRE) -- Pacific Sunwear of California, Inc. (Nasdaq:PSUN) today announced that Adrenalina has ended its proxy contest by withdrawing its nominations of director candidates for election to Pacific Sunwear's Board of Directors. Adrenalina had previously notified the Company of its intention to nominate four candidates for election to the Pacific Sunwear Board at the Company's 2009 Annual Meeting.
Adrenalina's withdrawal of its nominations follows a m...
Company Highlights Actions Taken in Fiscal 2008 to Improve Long Term Profitability
ANAHEIM, Calif., March 12, 2009 (GLOBE NEWSWIRE) -- Pacific Sunwear of California, Inc. (Nasdaq:PSUN) today announced that total sales for the fourth quarter (13 weeks) of fiscal 2008 ended January 31, 2009, were $351.7 million, a decrease of 8.5 percent from total sales of $384.3 million for the fourth quarter (13 weeks) of fiscal 2007 ended February 2, 2008. Total Company same-store sales decreased 10 percent ...
ANAHEIM, Calif., Feb 25, 2009 (GlobeNewswire via COMTEX) -- Pacific Sunwear of California, Inc. (Nasdaq:PSUN) plans to announce on Thursday, March 12, 2009, its financial results for the fourth quarter and year end 2008, which ended January 31, 2009. The Company plans to issue a news release that day at approximately 4:00 p.m. Eastern time, immediately following the closing of regular stock market trading hours. Following the news release, Pacific Sunwear management will host a conference call b...
* Board of Directors Reaffirms Support for Company's Leadership
and Strategic Program Underway to Build Value for PacSun
Shareholders
* Criticizes Adrenalina Proxy Contest in Attempted Pursuit of
Merger; Commits to Protect Shareholder Interests
ANAHEIM, Calif., Feb. 17, 2009 (GLOBE NEWSWIRE) -- Pacific Sunwear of California, Inc. (Nasdaq:PSUN), responded today to the February 12, 2009 letter and related press releases issued by Adrenalina (OTCBB:AENA), a retail-ent...
ANAHEIM, Calif., Feb. 5, 2009 (GLOBE NEWSWIRE) -- Pacific Sunwear of California, Inc. (Nasdaq:PSUN) today reported that total PacSun sales for the four weeks of fiscal January ended January 31, 2009 were $54.7 million, a decrease of eight percent from total PacSun sales of $59.6 million during the same period last year. PacSun same-store sales decreased 11 percent during the same period.
Total PacSun sales for the 13 weeks of the fiscal fourth quarter of 2008 were $351.7 million, a decrease...
ANAHEIM, Calif., Jan. 28, 2009 (GLOBE NEWSWIRE) -- Pacific Sunwear of California, Inc. (Nasdaq:PSUN) today announced a number of cost reduction actions aimed at strengthening the Company's operational and financial position in fiscal 2009. In anticipation of a continuing difficult economic environment in the coming year, the Company has:
* Reduced planned inventory levels by at least 20 percent throughout
the year, thereby significantly reducing the amount of cash that
will be in...
ANAHEIM, Calif., Jan. 8, 2009 (GLOBE NEWSWIRE) -- Pacific Sunwear of California, Inc. (Nasdaq:PSUN) today reported that total PacSun sales for the five weeks of fiscal December ended January 3, 2009 were $196.0 million, a decrease of nine percent from total PacSun sales of $214.4 million during the same period last year. PacSun same-store sales decreased 10 percent during the same period.
Total PacSun sales for the first nine weeks of the fiscal fourth quarter of 2008 were $297.0 million, a...
ANAHEIM, Calif.--(BUSINESS WIRE)--Jan. 8, 2009--Pacific Sunwear of California, Inc. (NASDAQ: PSUN) today announced that
the Company will be presenting at the 11th Annual ICR XChange Conference
held at the St. Regis Monarch Beach Resort & Spa in Dana Point,
California on Wednesday, January 14, 2009 at 10:55 am Pacific Standard
Time. Sally Frame Kasaks, Chief Executive Officer and Michael Henry,
Chief Financial Officer will host the presentation.
...
