Pacific Sunwear of California, Inc. total sales for the five weeks of fiscal June ending July 1, 2006 were $126.1 million, an increase of 4.6% over total sales of $120.6 million during the same period last year. Total Company same store sales decreased 2.7% during the same period. By concept, PacSun same store sales decreased 2.0% and d.e.m.o. same store sales decreased 8.5% compared to the same five week period last year.
Total sales for the first 22 weeks of fiscal 2006 were $511.1 million, an increase of 6.2% over total sales of $481.2 million during the same period last year. Total Company same store sales decreased 2.1% during the same period. By concept, PacSun same store sales decreased 2.2 percent and d.e.m.o. same store sales decreased 1.9% compared to the same 22 week period last year.
Assuming a continuation of the quarter to date comp trend, the Company believes that second quarter earnings will be in the range of 19 cents to 21 cents per diluted share.
