Pacific Sunwear of California news and archive

Golden Gate Capital merges Eddie Bauer and Pacific Sunwear of California

Private equity investment firm Golden Gate Capital has announced the merge of two of its portfolio companies: Eddie Bauer, LLC and Pacific Sunwear of California, LLC. From now on, the outdoor brand offering performance outerwear, apparel, footwear, accessories and gear and the speciality retailer offering a cross-section of emerging brands and...

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Management

Golden Gate Capital acquires Pacific Sunwear of California

Five months after filing for Chapter 11 bankruptcy protection, Pacific Sunwear of California has been acquired by Golden Gate Capital, a San Francisco private-equity investment firm. Golden Gate Capital completed its acquisition of PacSun on Tuesday when the U.S. Bankruptcy Court in Delaware confirmed the restructuring plan, reports the ‘Los...

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Management|REPORT

PacSun announces annual results, files for Chapter 11 bankruptcy protection

Pacific Sunwear of California has announced that it and all of its subsidiaries have entered into a restructuring support agreement (RSA) with affiliates of Golden Gate Capital, the holder of its secured term loan provider under the company's financing facilities. The Plan provides a comprehensive roadmap for the company to continue to execute...

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Pacific Sunwear reports decline in Q3 net sales

Pacific Sunwear of California has said that its net sales for the third quarter of fiscal 2015 ended October 31, 2015, were 205.9 million dollars versus net sales of 212.3 million dollars for the third quarter of fiscal 2014 ended November 1, 2014. Comparable store sales for the third quarter of fiscal 2015 decreased 3 percent. “We have been...

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Business

Pacific Sunwear Q2 comparable sales down 6 percent

Net sales at Pacific Sunwear of California , for the second quarter of fiscal 2015 ended August 1, 2015, were 195.6 million dollars versus 211.7 million dollars for the same quarter, last year. Comparable store sales decreased 6 percent. The company ended the second quarter with 608 stores versus 618 stores a year ago. On a GAAP basis, the...

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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...

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Business|REPORT

PacSun comparable store sales up but loss widens

Pacific Sunwear of California announced that net sales for the fourth quarter of fiscal 2014 ended January 31, 2015, were 231.6 million dollars versus net sales of 218.6 million dollars for the fourth quarter of fiscal 2013 ended February 1, 2014. Comparable store sales for the fourth quarter of fiscal 2014 increased 6 percent. The company ended...

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Business|REPORT

Pacific Sunwear net sales up 9 percent, updates Q4 guidance

Pacific Sunwear of California said that its comparable store net sales during the month of December increased 9 percent compared to the same period a year ago. “We have had an excellent Holiday season with strong sales performance in both men's and women's and an estimated 400-500 basis point improvement in gross margins,” said Gary H....

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Business

Pacific Sunwear Q3 comparable sales rise 4 percent

REPORT_ Pacific Sunwear of California has said that its net sales from continuing operations for the third quarter of fiscal 2014 ended November 1, 2014, were 212.3 million dollars versus net sales from continuing operations of 202.8 million dollars for the third quarter of fiscal 2013 ended November 2, 2013. Comparable store sales for the third...