PacSun reports May sales of $97.7M

ANAHEIM, Calif. Pacific Sunwear of California today reported that total sales for the four weeks of fiscal May ended June 2 were $97.7 million, an increase of 10.9% over total sales of $88.1 million during the same four-week period ended June 3, 2006. Total company same-store sales increased 6.4% during the same period.

Total sales for the first 17 weeks of fiscal 2007 ended June 2 were $407 million, an increase of 5.8% over total sales of $384.6 million during the same 17-week period ended June 3, 2006 last year. Total company same-store sales increased 0.5% during the same period.

Due to a more promotional environment in May 2007 versus May 2006, the company is reiterating its second quarter guidance of 17 cents to 19 cents per diluted share.