ANAHEIM, Calif., Sept. 6, 2007 (PRIME NEWSWIRE) -- Pacific Sunwear of California, Inc. (Nasdaq:PSUN) today reported that total sales for the four weeks of fiscal August ended September 1, 2007 were $181.6 million, an increase of 13.6 percent over total sales of $159.9 million during the same four week period ended September 2, 2006. Total Company same-store sales increased 9.6 percent during the same period. By concept, PacSun same-store sales increased 11.9 percent and demo same-store sales decreased 17.3 percent compared to the same four week period last year. Due to the 53rd week in fiscal year 2006, total sales and comparable store sales for fiscal August 2007 are compared to the four-week period ended September 2, 2006. The Company believes that its August sales performance is attributable in part to the later start of back to school in Florida and Texas that occurred in fiscal August this year versus fiscal July last year.
Total sales for the first 30 weeks (year to date) of fiscal 2007 ended September 1, 2007 were $833.1 million, an increase of 6.7 percent over total sales of $780.9 million during the same 30-week period ended September 2, 2006. Total Company same-store sales increased 2.2 percent during the same period. By concept, PacSun same-store sales increased 4.0 percent and demo same-store sales decreased 12.4 percent compared to the same 30-week period last year.
For more detailed information on August sales results, please call (714) 414-4210 to listen to a recorded commentary.
About Pacific Sunwear of California, Inc.
Pacific Sunwear, operating under three distinct retail concepts, is a leading specialty retailer of everyday casual apparel, accessories and footwear designed to meet the needs of active teens and young adults. As of September 1, 2007, the Company operated 841 PacSun stores, 117 PacSun Outlet stores, 152 demo stores and 9 One Thousand Steps stores for a total of 1,119 stores in 50 states and Puerto Rico. PacSun's website address is www.pacsun.com, merchandise carried at demo stores can be found at www.demostores.com and information about One Thousand Steps can be found at www.onethousandsteps.com.
The Pacific Sunwear of California logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=2087