While total sales drop four percent, comps beat analyst projections of an 8.8% decline

According to a recent SEC Filing, Pacific Sunwear of California Inc. is selling the 300,000 square-foot warehouse adjacent to its Anaheim, California headquarters. Back in January the company announced that it would be moving its distribution center to Olathe, Kansas and that it was looking to either sell or lease the warehouse space in Anaheim.

“Although our earnings for the second quarter were in line with our expectations, our results continue to reflect the impact of a weakening economy on the retail sector. With the possibility of an even tougher environment ahead, we plan to maintain strong operating discipline while weathering these economic headwinds in order to position our business for success when the environment improves.” —Sally Frame Kasaks, Chief Executive Officer.

ANAHEIM, Calif., Aug. 19, 2008 (GLOBE NEWSWIRE) (PRIME NEWSWIRE) — Pacific Sunwear of California, Inc. (Nasdaq:PSUN) (the “Company”) today announced the appointment of William Cobb to the Company’s Board of Directors.
Mr. Cobb previously worked for eBay, Inc. from 2000 to 2008, where he most recently served as President of eBay Marketplaces North America. Prior to [...]

ANAHEIM, Calif., Aug. 7, 2008 (PRIME NEWSWIRE) — Pacific Sunwear of California, Inc. (Nasdaq:PSUN) today reported that total PacSun sales for the four weeks of fiscal July ended August 2, 2008 were $99.1 million, a decrease of three percent from total PacSun sales of $102.4 million during the same period last year. PacSun same-store sales [...]

With the recent breakthrough that surfing prolongs the lifespan and quality of life for people with cystic fibrosis, the Southern California chapter of the Cystic Fibrosis Foundation along with honorary co-chairs and surf legends Laird Hamilton and Dave Kalama hosted a successful and touching event.

On July 14, 2008, Julius (”Reb”) Jensen III resigned from the Board of Directors of Pacific Sunwear of California, Inc. to pursue other personal interests.

The company announced its June sales results today, Thursday June 10, revealing a five percent increase in total sales for the five-week period ending July 5, 2008, and a three percent increase in same-store sales. Read what CFO Mike Henry had to say about it.

The Winning brand receives a weekend takeover of all PacSun Windows in Spring ‘09, and the winning media team gets a $10,000 ad buy from PacSun in Spring ‘09.

Starting July 10, teams from Hurley, Lost, Volcom, and Billabong will travel up the coast performing the most outrageous and creative stunts that the minds at Transworld SURF could devise.