Pacific Sunwear reports decline in Q1 net sales

Pacific Sunwear of California announced that net sales for the first quarter of fiscal 2015 ended May 2, 2015, were 166.5 million dollars versus net sales of 171.1 million dollars for the first quarter of fiscal 2014 ended May 3, 2014. Comparable store sales for the first quarter decreased 2 percent. The company ended the quarter with 605 stores versus 618 stores a year ago.