The teen retailer’s string of double-digit declines continued in the third quarter, as the bottom line plunged 77% to $6,932,000 from $30,702,000 on 18% lower revenues of $237,591,000 down from $289,455,000. Battered by inflation and without last year’s government stimulus, ZUMZ U.S. customers have pulled back on discretionary spending, and are trading down to less expensive options like private label. Blue Tomato stores in Europe and Fast Times in Australia fared better, but the strong dollar offset good constant currency results overseas. North American tumbled 20% to $206.3 million, while International ... Log in to view full article.