Pacific Sunwear of California Inc. (PSUN) reported a net loss for the third quarter of $10.91 million or $0.17 per share, compared to a loss of $2.47 million or $0.04 per share in the year-ago quarter.
Net sales for the quarter decreased to $268.28 million from $323.61 million in the prior-year quarter.
On average, analysts polled by Thomson Reuters expected the company to report a loss of $0.20 per share, on revenues of $260.08 million for the quarter. Analysts estimates typically exclude special items.
Looking ahead for the fourth quarter, the company expects to report a loss of about $0.28 to $0.35 per share. Analysts currently expect the company to report a loss of $0.11 for the fourth quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.