By  on November 23, 2010

Pacific Sunwear of CaliforniaInc. scaled back its third-quarter losses more than analysts expected despite lower sales and margins.

For the three months ended Oct. 30, the net loss came to $7 million, or 11 cents a diluted share, versus a shortfall of $10.9 million, or 17 cents, in the year-ago quarter.

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