Pacific Sunwear is 5% down from the third quarter of 2007 with total sales of $323.6 million. Total company same-store sales for the quarter were down 7% over last year. CEO Sally Frame Kasaks said that they are focused on reducing inventory, capital expenditures and other expenses. For the year so far, total sales at the retailer are off by 2% from last year, with same-store sales falling 3%.
Zumiez third quarter net sales increased almost 8% to $112.2 million but same-store sales fell 5.8% for the quarter.