PacSun corrected its recently filed annual report Tuesday afternoon with revised merchandising mix numbers.
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Last week, we reported based on the previously filed annual report that branded goods sales were down and owned brands sales were up in 2011.
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That general statement is still true, but it is not as dramatic of a change as the numbers in PacSun’s original report.
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Also, sales of men’s branded goods increased rather than decreased according to PacSun’s newly filed numbers.
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Here is a comparison of the new numbers and the original numbers PacSun reported.
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Branded goods – corrected
2011: 52% of total sales mix
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2010: 55% of total sales mix
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Branded goods – PacSun’s original annual report
2011: 48% of total sales mix
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2010: 54% of total sales mix
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Men’s branded goods sales – corrected
2011: 88% of total men’s sales (excluding denim and knits)
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2010: 86% of total men’s sales (excluding denim and knits)
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Men’s branded goods sales – PacSun’s original annual report
2011: 58% of total men’s sales (excluding denim and knits)
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2010: 63% of total men’s sales (excluding denim and knits)
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PacSun-owned brands – corrected
2011: 48% of total sales mix
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2010: 45% of total sales mix
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PacSun-owned brands – original PacSun’s original annual report
2011: 52% of total sales mix
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2010: 46% of total sales mix
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