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Pacific Sunwear of California Inc. Message Board

  • golfcompanion49 golfcompanion49 Aug 30, 2013 8:28 AM Flag

    Davidson Wedbush and Janney all out very positive on PSUN....shorts in deep trouble

    8:11 EDT - Pacific Sunwear of California (PSUN) shares fall 3% premarket
    after company gives what Wedbush calls "likely conservative guidance" after
    topping 2Q expectations. Firm suggests investors buy into any dips citing
    strong comparable store sales gains and an increase in margins. DA Davidson
    says gains in the women's segment show PSUN's long-term plans remain intact
    and Janney notes that the company is now focusing on the "more fashion-savvy
    17 to 24 year old" rather than younger teens.

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