PacSun (PSUN) Reports Q3 Loss of $0.05
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Pacific Sunwear Announces Third Quarter Operating Results; Issues Fourth Quarter Guidance
December 2, 2015 4:05 PM ESTANAHEIM, Calif., Dec. 02, 2015 (GLOBE NEWSWIRE) -- Pacific Sunwear of California, Inc. (NASDAQ: PSUN) (the Company), announced today that net sales for the third quarter of fiscal 2015 ended October 31, 2015, were $205.9 million versus net sales of $212.3 million for the third quarter of fiscal 2014 ended November 1, 2014. Comparable store sales for the third quarter of fiscal 2015 decreased 3%. The Company ended the third quarter of fiscal 2015 with 611 stores versus 620 stores a year ago.
On a GAAP basis, the Company reported a net loss of $3.4 million, or $(0.05) per diluted share for the third quarter of fiscal 2015, compared... More
