International Business News - PSUN http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Among the premarket stories for Monday, May 12, from AP Financial News: NEW YORK (AP) _ After FedEx Corp. cut its fiscal 2008 forecast this weekend, analysts said higher fuel costs and decreased demand will weaken the shipping company's profit into fiscal 2009 as well. http://www.ibtimes.com/articles/20080512/premarket-roundup-fedex-dollar-tree.htm Mon, 12 May 2008 09:49:45 EDT Shares of Pacific Sunwear of California Inc. fell sharply in premarket trading after an analyst downgraded the teen apparel company late Friday, citing its sluggish same-store sales. http://www.ibtimes.com/articles/20080512/ahead-of-the-bell-pacific-sunwear-falls-in-premarket.htm Mon, 12 May 2008 08:18:26 EDT Summary of April same-store sales results for apparel category store chains, with percentage increase or decrease over the same month last year. Abercrombie & Fitch Co. 6 pct http://www.ibtimes.com/articles/20080508/apparel-chain-sales-results-for-april.htm Thu, 08 May 2008 14:40:16 EDT Shares of Pacific Sunwear of California Inc. rose Thursday morning as strong April same-store sales results from other teen retailers helped lift the stock, even though the company's growth didn't match Wall Street expectations. http://www.ibtimes.com/articles/20080508/out-of-the-gate-pacific-sunwear-shares-up-after-sales-data.htm Thu, 08 May 2008 10:20:44 EDT Consumers gave some of the nation's retailers a little relief in April following months of dismal sales, but business was helped along by heavy discounting that could hurt fiscal first-quarter earnings. http://www.ibtimes.com/articles/20080508/consumers-give-stores-some-relief-but-still-spend-cautiously.htm Thu, 08 May 2008 08:40:17 EDT Consumers gave some of the nation's retailers a little relief in April following months of dismal sales, but business was helped along by heavy discounting that could hurt first-quarter earnings. http://www.ibtimes.com/data/articleimgs/44786-economy.jpg http://www.ibtimes.com/articles/20080508/retailers-report-mixed-results-as-consumers-seek-value.htm http://www.ibtimes.com/articles/20080508/retailers-report-mixed-results-as-consumers-seek-value.htm Thu, 08 May 2008 08:11:02 EDT Teen apparel retailer Pacific Sunwear of California Inc. said Thursday its April same-store sales rose 4 percent, below Wall Street's expectations. Analysts polled by Thomson Financial, on average, forecast a 5.6 percent increase in same-store sales. http://www.ibtimes.com/articles/20080508/pacific-sunwear-same-store-sales-rise-4-percent-in-april.htm Thu, 08 May 2008 07:38:21 EDT The souring job market and rising costs of the usual teenage indulgences - a slice of pizza, a drive to the mall, the hottest new jeans - are causing teens to do something they rarely do: be thrifty.... http://www.ibtimes.com/data/articleimgs/40538-teen-recession.jpg http://www.ibtimes.com/articles/20080417/teens-turn-to-thrift-as-jobs-vanish-and-prices-rise.htm http://www.ibtimes.com/articles/20080417/teens-turn-to-thrift-as-jobs-vanish-and-prices-rise.htm Thu, 17 Apr 2008 15:25:57 EDT Stocks were poised to open lower Thursday as investors, anxious about the financial health of the average U.S. consumer, digested mostly poor sales figures from major retailers and a dip in last week... http://www.ibtimes.com/articles/20080410/stock-futures-dip-on-weak-retail-data.htm Thu, 10 Apr 2008 08:53:21 EDT Most retailers reported sluggish sales in March when consumers fretting about mounting economic problems limited their shopping to food and other essentials. As the nation's merchants reported sale... http://www.ibtimes.com/articles/20080410/retailers-post-sluggish-sales-in-march.htm Thu, 10 Apr 2008 08:07:22 EDT Teen apparel retailer Pacific Sunwear of California Inc. said Thursday that same-store sales fell 8 percent in March, missing analysts' expectations. Analysts surveyed by Thomson Financial expected... http://www.ibtimes.com/articles/20080410/pacsun-march-same-store-sales-fall.htm Thu, 10 Apr 2008 07:38:11 EDT Two teen apparel retailers rose on Friday, bucking the general market trend down, after they reported positive quarterly earnings. On Thursday, Pacific Sunwear of California Inc. said profit fell 42 percent in the fourth quarter, but excluding its demo business, which is going to be accounted for as a discontinued operation in the first quarter, profit totaled 31 cents per share, a penny ahead of analyst expectations. http://www.ibtimes.com/articles/20080314/sector-snap-teen-retailers-rise.htm Fri, 14 Mar 2008 12:30:31 EDT Among the premarket activity stories for Friday, March 14, from AP Financial News: NEW YORK (AP) _ Aeropostale Inc. shares slipped in premarket trading Friday, as concerns about the teen retailer's inventories outweighed what analysts said was a strong fiscal fourth quarter. http://www.ibtimes.com/articles/20080314/premarket-roundup-aeropostale-zumiez.htm Fri, 14 Mar 2008 08:40:38 EDT After Pacific Sunwear of California Inc. forecast a fiscal 2008 profit that met Wall Street expectations, analysts said the youth apparel retailer is turning its business around. http://www.ibtimes.com/articles/20080314/ahead-of-the-bell-pacific-sunwear.htm Fri, 14 Mar 2008 08:03:33 EDT Among the earnings stories for Thursday, March 13, from AP Financial News: SEATTLE (AP) _ Apparel retailer Eddie Bauer Holdings Inc. on Thursday said it swung to a fourth-quarter loss, but sales improved amid a turnaround plan. http://www.ibtimes.com/articles/20080313/earnings-roundup-eddie-bauer.htm Thu, 13 Mar 2008 17:33:32 EDT Among the earnings projection stories for Thursday, March 13, from AP Financial News: LOS ANGELES (AP) _ Youth apparel retailer Pacific Sunwear of California Inc. on Thursday projected 2008 income from continuing operations above analyst estimates due to sales growth. http://www.ibtimes.com/articles/20080313/outlook-roundup-pacific-sunwear-zumiez.htm Thu, 13 Mar 2008 17:31:51 EDT Youth apparel retailer Pacific Sunwear of California Inc. on Thursday projected 2008 income from continuing operations above analyst estimates due to sales growth. http://www.ibtimes.com/articles/20080313/pacific-sunwear-sees-2008-above-street.htm Thu, 13 Mar 2008 15:52:20 EDT The signs that smaller retailers are struggling are unavoidable at malls across America: "Going out of business" sales at many Wilsons Leather stores. "Up to 70 percent off" at KB Toys. http://www.ibtimes.com/articles/20080310/retail-retrenchment-hurts-malls.htm Mon, 10 Mar 2008 08:59:34 EDT Summary of February same-store sales results for apparel category store chains, with percentage increase or decrease over the same month last year. Abercrombie & Fitch Co. -2 pct http://www.ibtimes.com/articles/20080306/apparel-chain-sales-results-for-february.htm Thu, 06 Mar 2008 11:34:11 EST The nation's retailers got a little reprieve in February, as consumers hesitantly returned to malls and store after retrenching in recent months. Among the big winners was Wal-Mart Stores Inc., whose results beat expectations. Nonetheless, as retailers reported mixed February sales results Thursday, it was clear that consumers struggling with high gas and food prices and a slumping housing market weren't splurging and still focused on necessities. http://www.ibtimes.com/articles/20080306/retailers-get-reprieve-february.htm Thu, 06 Mar 2008 08:21:23 EST