Pacific Sunwear (PSUN): Q3 EPS of $0.01 in-line. Revenue of $324M (-5%) in-line. Sees Q4 EPS of...

|About: Pacific Sunwear of Cali... (PSUN)|By:, SA News Editor
Pacific Sunwear (PSUN): Q3 EPS of $0.01 in-line. Revenue of $324M (-5%) in-line. Sees Q4 EPS of -$0.08 to -$0.03 vs. $0.07. "It's been well reported that consumer spending decelerated significantly in the September/October period... To strengthen our financial position in this economic downturn, we are focused on reducing our inventory, capital expenditures, and other expenses." (PR)