Pacific Sunwear of California Inc. Benefits of a Public Incorpartion
Easy to expand and grow.
There is limited liability.
Founded by Tom Moore as a surf shop in 1980. Later, they sold men's, then women's clothing. Because of these changes, the company expanded a lot. the company continued to expand, but is now going through a rough period.
Would I invest in Pacsun?
No, at least not right now. They have been having to close a lot of stores due to money issues, so that would not be my best option.