Pacific Sunwear of California, Inc. total sales for the four weeks of fiscal April ending April 29, 2006 were $94.3 million, an increase of 23.3% over total sales of $76.4 million during the same period last year. Total Company same store sales increased 14.0% during the same period. By concept, PacSun same store sales increased 14.6% and d.e.m.o. same store sales increased 9.5% compared to the same four week period last year.
Total sales for the first thirteen weeks of fiscal 2005 were $300.0 million, an increase of 7.2 percent over total sales of $280.0 million during the same period last year. Total Company same store sales decreased 1.8 percent during the same period. By concept, PacSun same store sales decreased 2.2 percent and d.e.m.o. same store sales increased 1.0 percent compared to the same thirteen week period last year.
Based on April sales results, the Company is comfortable with first quarter earnings estimates of $0.16 per diluted share, the high end of its guidance range given on April 6, 2006 of $0.14 to $0.16 per diluted share.
