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Pacific Sunwear Killed By Bloomberg Bankruptcy Prep Report
Tuesday, April 5, 2016 - 9:59am | 272Shares of Pacific Sunwear of California, Inc. (NASDAQ: PSUN) plunged nearly 40 percent early Tuesday morning following a report by Bloomberg the company is preparing to file for Chapter 11 bankruptcy. The Boston Globe, citing Bloomberg's report, noted that a Chapter 11 filing could come as early as...
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Retail Analyst On Abercrombie & Fitch CEO Departure: Former Guess CEO And Former Abercrombie COO Might Make Good Replacements
Tuesday, December 9, 2014 - 7:09pm | 231Speaking to Benzinga, Talented Blonde President and Retail Analyst Kristin Bentz offered a couple examples of retail industry veterans who might be good to replace departing Abercrombie & Fitch Co. (NYSE: ANF) CEO Michael Jeffries. The first name she mentioned was former Guess?, Inc. (NYSE...
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D.A. Davidson Previews Pacific Sunwear Of California's Q3
Wednesday, November 26, 2014 - 10:26am | 244Pacific Sunwear of California, Inc. (NASDAQ: PSUN) will report its third-quarter results after market close on Wednesday, December 3. Analysts are expecting the company to lose $0.04 per share on revenue of $208.0 million. In a note to clients on Tuesday, Andrew Burns of D.A. Davidson projected...
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Earnings Expectations for the Week of May 20
Sunday, May 19, 2013 - 11:22am | 1197The start of the retail earnings season last week was a mixed bag. Quarterly results from Walmart (NYSE: WMT), Kohl's (NYSE: KSS) and Nordstrom (NYSE: JWN) ranged from so-so to disappointing, while J.C. Penney (NYSE: JCP) posted a larger-than-expected net loss. Macy's (NYSE: M) was the standout,...
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Earnings Expectations for the Week of August 20
Monday, August 20, 2012 - 12:33pm | 943Last week, big-box retailers Walmart (NYSE: WMT) and Home Depot (NYSE: HD) said their earnings and sales rose in the most recent quarter, and they both boosted their full-year earnings per share (EPS) guidance. More earnings reports are due from retailers this week, highlighted by second-quarter...
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Earnings Expectations for the Week of May 14 (WMT, HD, ANF)
Sunday, May 13, 2012 - 8:49am | 1179Last week, Kohl's (NYSE: KSS), Macy's (NYSE: M) and Nordstrom (NYSE: JWN) kicked off the parade of earnings reports from big retailers. Macy's and Nordstrom reported EPS growth; Macy's and Kohl's topped EPS estimates. This week, Walmart (NYSE: WMT), Home Depot (NYSE: HD) and Target (NYSE: TGT) are...
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Earnings Expectations for the Week of March 12 (URBN, ROST)
Sunday, March 11, 2012 - 11:04am | 1206Things will quiet on the earnings front this week. Perhaps the two most prominent quarterly reports will come from retailers and S&P 500 components Urban Outfitters (NASDAQ: URBN) and Ross Stores (NASDAQ: ROST). Analysts on average expect both companies to post year-over-year revenue growth of...
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Earnings Expectations for the Week of August 22
Sunday, August 21, 2011 - 12:31pm | 1014The earnings season may be winding down, along with the summer, but this week will bring some more quarterly reports from retailers. Here's a quick rundown of what analysts expect to see from them. Bebe Stores (NASDAQ: BEBE): EPS up 50.0% to $0.04 (reports Thursday) Express (NYSE: EXPR): EPS up 46...
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Wedbush Reports Disappointing Guidance On Pacific Sunwear Of California
Wednesday, March 16, 2011 - 8:10am | 131In a report published by Wedbush, Pacific Sunwear of California's (NASDAQ: PSUN) inline Q4 is offset by disappointing guidance. Wedbush said that it anticipates the stock to be weak following disappointing Q1 guidance, given signs of deteriorating men's business (+1% comp from +MSD in Q3) and...
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Oppenheimer Reports Retail Earnings Preview (LULU, NWY, PSUN, ROST)
Tuesday, March 15, 2011 - 8:22am | 207Oppenheimer issued a report of the expected outcome of the retail earnings reported this week from New York & Company Inc. (NYSE: NWY), Pacific Sunwear of California, Inc. (NASDAQ: PSUN), Lululemon Athletica Inc. (NASDAQ: LUL) and Ross Stores Inc. (NASDAQ: ROST). In the report Oppenheimer...
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Pacific Sunwear of California (PSUN) Shares Fall 12%
Thursday, March 11, 2010 - 7:45pm | 138Shares of Pacific Sunwear of California, Inc. (NASDAQ: PSUN) fell more than 12% in after hours trading after the casual apparel retailer announced widening losses and falling sales. Pacific Sunwear of California reported a loss of $36.5 million, or 56 cents per share, compared with a loss of $27...