| Business Summary | | Pacific
Sunwear
of
California,
Inc.,
together
with
its
wholly
owned
subsidiaries,
is
a
specialty
retailer
of
everyday
casual
apparel,
accessories
and
footwear
designed
to
meet
the
needs
of
active
teens
and
young
adults.
The
Company
operates
three
nationwide,
primarily
mall-based,
chains
of
retail
stores
under
the
names
Pacific
Sunwear
(PacSun),
Pacific
Sunwear
Outlet
and
d.e.m.o.
PacSun
and
PacSun
Outlet
stores
specialize
in
board-sport-inspired
casual
apparel,
footwear
and
related
accessories
catering
to
teenagers
and
young
adults.
d.e.m.o.
specializes
in
hip-hop
music-inspired
casual
apparel
and
related
accessories
catering
to
teenagers
and
young
adults.
In
addition,
the
Company
operates
a
Website
through
a
wholly
owned
subsidiary
that
sells
merchandise
online,
provides
content
and
community
for
its
target
customers
and
provides
information
about
the
Company. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PSUN
is
a
specialty
retailer
of
everyday
casual
apparel,
footwear
and
accessories.
PSUN
products
include
shirts,
shorts,
pants,
overshirts,
sweatshirts,
outerwear,
footwear
and
accessories.
For
the
26
weeks
ended
8/5/01,
net
sales
increased
20%
to
$294.2
million.
Net
income
decreased
66%
to
$4.5
million.
Revenues
reflect
the
opening
of
new
store.
Net
income
was
offset
by
decreased
margins
due
to
a
higher
markdown
rate. Recent Earnings Announcement For
the
3
months
ended
08/05/2001,
revenues
were
156,509;
after
tax
earnings
were
3,544. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2001
Compensation | | Pay | Exer | |
| Greg Weaver, 47 Chairman
and CEO | $2.7M | $2.7M | Timothy Harmon, 49 Pres
and CMO | 467K | 2.6M | Carl Womack, 49 CFO,
Sr. VP, Sec. | 319K | 159K | Abby Harbicht VP
of HR | -- | -- | William Estill VP,
Planning and Allocation | -- | -- | Dollar
amounts are as of 4-Feb-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|