Thursday, May 10, 2007

UPDATE1-Pacific Sunwear April same-store sales fall;sees Q1 loss

(Reuters) - The teen apparel retailer and operator of surf-inspired mall-based stores said it cut its outlook for the first half of fiscal 2007 after a much weaker than expected April, in which total sales for the four weeks ended May 5 fell 10.5 percent to $79.3 million.

Shares of the company fell more than 4 percent to $19.90 in pre-market electronic trade.


Read more at Reuters.com Market News

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