Pacific Sunwear of California, Inc. reported that total sales for the month of fiscal January, ending January 28, 2006 were $75.3 million, an increase of 15.1% over total sales of $65.4 million during the same period last year. Total Company same store sales increased 4.9% during the same period. By concept, PacSun same store sales increased 5.1% and d.e.m.o. same store sales increased 3.2% compared to the same month last year.
Total sales for the fiscal fourth quarter (13 weeks) of fiscal 2005 were $425.0 million, an increase of 11.9% over total sales of $379.7 million for the same period last year. Total Company same store sales increased 2.2 percent during the same three month period with PacSun same store sales up 2.4 percent and d.e.m.o. same store sales up 0.5 percent.
Total sales for the twelve months (52 weeks) of fiscal 2005 were $1,391.5 million, an increase of 13.1 percent over total sales of $1,229.8 million for the same period last year. Total Company same store sales increased 3.2 percent during the same twelve month period with PacSun same store sales up 3.5 percent and d.e.m.o. same store sales up 1.1 percent.
Based on January sales results, the Company has reiterated its previous fourth quarter guidance of $0.62 to $0.63 per diluted share. This represents a 15 to 17 percent increase over the $0.54 per diluted share that the Company earned in the fourth quarter last year.
