Pacific Sunwear of California, Inc. total sales for the month of October were $88.0 million, an increase of 17.4% over total sales of $75.0 million during the same period last year. Total Company same store sales increased 7.9% during the same period. By concept, PacSun same store sales increased 8.8% and d.e.m.o. same store sales increased 2.7%…
Total sales for the third quarter of fiscal 2005 were $377.5 million, an increase of 13.6% over total sales of $332.4 million for the same period last year. Company same store sales increased 4.6% during this period with PacSun same store sales up 5.1% and d.e.m.o. same store sales up 1.0%.
Total sales for the first nine months (39 weeks) of fiscal 2005 were $966.5 million, an increase of 13.7% over total sales of $850.1 million for the same period last year. Company same store sales increased 3.7% during the same nine month period with PacSun same store sales up 4.0% and d.e.m.o. same store sales up 1.5%.
Based on October's sales results, the Company is raising its third quarter guidance from $0.51 per share, to the range of $0.53 to $0.54 per share. This compares to $0.44 per share in the third quarter of 2004.
