ANAHEIM, Calif., Dec. 6, 2007 (PRIME NEWSWIRE) -- Pacific Sunwear of California, Inc. (Nasdaq:PSUN) today reported that total Company sales for the four weeks of fiscal November ended December 1, 2007 were $120.9 million, an increase of 3.6 percent over total sales of $116.6 million during the same four week period ended December 2, 2006. By concept, PacSun total sales were $109.9 million, an increase of 7.6 percent over total sales of $102.1 million during the same four week period last year. demo total sales were $10.0 million, a decrease of 27.3 percent from total sales of $13.8 million during the same four week period last year.
Total Company same-store sales increased 2.3 percent during the same period. By concept, PacSun same-store sales increased 7.0 percent and demo same-store sales decreased 30.6 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 November 2007 are compared to the four-week period ended December 2, 2006.
Total sales for the first 43 weeks (year to date) of fiscal 2007 ended December 1, 2007 were $1,145.5 million, an increase of 6.0 percent over total sales of $1,080.7 million during the same 43 week period ended December 2, 2006. By concept, PacSun total sales were $1,030.4 million, an increase of 7.5 percent over total sales of $958.3 million during the same 43 week period last year. demo total sales were $109.0 million, a decrease of 7.4 percent from total sales of $117.7 million during the same 43 week period last year.
Total Company same-store sales increased 2.1 percent during the same period. By concept, PacSun same-store sales increased 4.3 percent and demo same-store sales decreased 15.8 percent compared to the same 43-week period last year. Year to date sales figures for both years exclude sales from the 74 demo stores closed earlier this year.
For more detailed information on November sales results, please call (714) 414-4210 to listen to a recorded commentary.
About Pacific Sunwear of California, Inc.
Pacific Sunwear, currently 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 December 1, 2007, the Company operated 839 PacSun stores, 120 PacSun Outlet stores, 154 demo stores and 9 One Thousand Steps stores for a total of 1,122 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. On October 24, 2007, the Company announced that it would be seeking strategic alternatives for its demo division and would be closing down its One Thousand Steps division as soon as practical.
The Pacific Sunwear of California logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=2087