Pacific Sunwear of California Inc. posted third-quarter results Thursday after the markets closed.
The company said net income for the three months ended Nov. 2 was $17.2 million, or 23 cents a diluted share, from $948,000, or 1 cent, a year ago. Excluding the loss from discontinued operations a year ago, net income from continuing operations was $17.2 million versus $3.4 million last year. Net sales fell 4.1 percent to $206.6 million from $215.5 million, while comparable-store sales rose 1 percent.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)