Monday, May 21, 2007

Pacific Sunwear posts quarterly net loss

(Reuters) - The operator of PacSun, the largest mall-based chain of surfing-inspired apparel stores, reported a first quarter net loss of $5.1 million, or 7 cents per share, compared with a year-ago net profit of $11.9 million, or 16 cents per share.



Results for the quarter included 3 cents per share in costs for closing 74 demo stores.


Read more at Reuters.com Market News

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