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Non-Tech : PSUN A new breakout at $30+!

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To: Duane L. Olson who wrote (1429)8/5/1999 9:23:00 AM
From: E. Graphs  Read Replies (3) of 1622
 
PSUN Reports July Same Store Sales Increase 9.0%

biz.yahoo.com

Total July Sales Rise 39%

ANAHEIM, Calif.--(BUSINESS WIRE)--Aug. 5, 1999--

>>Pacific Sunwear of California Inc. (Nasdaq:PSUN - news)
Thursday reported sales of $33.6 million for the four week period ended Aug. 1, 1999, an increase of 39% over sales of $24.2 million for the comparable four week period ended Aug. 2, 1998.

Same store sales increased 9.0% for the month.

Total sales for the second quarter of fiscal 1999 were $100.5 million, an increase of 37% over sales of $73.2 million for the second quarter of fiscal 1998. Same store sales increased 7.1% for the second quarter of fiscal 1999.

Total sales for the first half of fiscal 1999 were $181.9 million, an increase of 35% over sales of $134.4 million for the first half of fiscal 1998. Same stores sales increased 7.2% for the first half of fiscal 1999.

Pacific Sunwear is a leading specialty retailer of everyday casual apparel, accessories and footwear designed to meet the needs of active teens and young adults. The Company currently operates 357 Pacific Sunwear stores, 15 Pacific Sunwear outlet stores and 33 d.e.m.o. stores for a total of 405 stores in 46 states. Pacific Sunwear's Web site address is www.pacsun.com....<<
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