Pacific Sunwear can still become profitable in 2014, says DA Davidson After Pacific Sunwear reported higher than expected Q2 EPS but provided weaker than expected Q3 guidance, DA Davidson thinks the company's women's apparel is building momentum,. The firm believes that the company's stores are attracting a significant number of teens again and it keeps a Buy rating on the shares.
News For PSUN From The Last 14 Days
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Pacific Sunwear reports Q2 adjusted EPS (3c), consensus (3c) Reports Q2 revenue $211.7M, consensus $208.48M. Comparable store sales for the second quarter were 0.3%. The company ended the second quarter of fiscal 2014 with 618 stores versus 637 stores a year ago.