Prior to that, she served as Chairman and Chief Executive Officer of The Talbots Inc, a specialty apparel retailing division of General Mills Co, from November 1985 to September 1988. Ms. Kasaks currently serves as a director of The Children's Place Inc.
Separately, the Company also announced today that total sales for the five weeks of fiscal September, ending September 30, 2006, were $118.2 million, an increase of 4.0 percent over total sales of $113.7 million during the same period last year.
Additional information on September and year-to-date sales will be available on October 5, 2006 through the Company's regularly scheduled press release and its recorded commentary, accessible by dialing (714) 414-4210.
Based on the sales for the quarter to date, the Company remains comfortable with the guidance it previously provided for the third quarter, excluding a one-time, pre-tax charge of approximately $1.1 million, or $0.01 per diluted share, that will be recorded in the third quarter and is associated with the departure of Mr. Johnson. On August 10, 2006, the Company said that it expects to report earnings per share in the range of $0.22 to $0.30 per diluted share for the third quarter.
Pacific Sunwear of California Inc
marketing@alchempro.com
