My Watchlist

Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.

Recs

0

Pacific Sunwear Q4 Loss Narrows

By | More Articles
March 20, 2013 | Comments (0)

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

Pacific Sunwear of California (NASDAQ: PSUN  ) trimmed its quarterly loss in its Q4 and 2012 report, but guidance came in worse than expected. For the quarter, net sales from continuing operations were $228 million, up modestly from the $219 million in the same period the previous year. Over that span, the company managed to narrow its net loss. The figure came in at $11.4 million ($0.17 per diluted share), compared with Q4 2011's shortfall of $13 million ($0.19).

For the full year, the top line was $803 million, an improvement over 2011's figure of $777 million. Annual net loss also narrowed, to $32.4 million ($0.47 per diluted share) against the previous year's $47.4 million ($0.71).

The apparel retailer also provided several pieces of forward guidance. The company believes it will post revenue of $160 million to $167 million and a per-share loss of $0.17 to $0.24. Both ranges are worse than analyst projections of $168 million and $0.13, respectively.

Jeff Fischer and team have demystified options. And they can rack up income like $1,030... $2,626... and $3,228 on a schedule you can set your watch by!
That's why we're glad to announce every single one of their closely guarded strategies is available to YOU during May and June – 100% FREE, no strings attached! Just enter your email address in the box below...

Fool contributor Eric Volkman and The Motley Fool have no position in Pacific Sunwear of California. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

DocumentId: 2324218, ~/Articles/ArticleHandler.aspx, 5/18/2013 6:02:12 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 20 hours ago Sponsored by:
DOW 15,354.40 121.18 0.80%
S&P 500 1,667.47 17.00 1.03%
NASD 3,498.97 33.73 0.97%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

5/17/2013 4:00 PM
PSUN $2.98 Down -0.01 -0.33%
Pacific Sunwear CAPS Rating: *

Advertisement