TICKER EXCHANGE="Nasdaq" PRIMARY="YES" SYMBOL="PSUN" TYPE="EQUITY"/> sank 6% Thursday after posting a same-store sales decline.
The company said total sales for the four weeks of May rose 5.6% from a year ago to $85.1 million. But same store sales decreased 2.6%. PacSun same-store sales decreased 2.2% and d.e.m.o. same-store sales decreased 5%, the Anaheim, Calif.-based company said.
Shares fell $1.22 to $20.73.
This story was created through a joint venture between TheStreet.com and IRIS.