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February 5, 2009

Zumiez Sales Slide Continues

By Thomas Rowe
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Feb. 4, 2009 MarketWatch reports:

Zumiez said late Wednesday that its January sales at stores open at least one year fell 14.8%. Analysts, on average, had expected the same-store sales to fall 14.1%, according to Thomson Reuters. Total net sales for the four-week period ended Jan. 31 decreased 2% to $20.3 million, said the specialty apparel retailer.

Zumiez reports 12.3 percent December sales decline
Jan. 7, 2009 MSNBC reports

EVERETT, Wash. - Sports apparel and equipment retailer Zumiez Inc. said Wednesday that same-store sales, or sales at stores open at least a year, fell 12.3 percent during the five-week period ended Jan. 3.
That compares with an increase of 3.9 percent in the year-earlier period. Analysts expected a decline 13.3 percent, according to a poll by Thomson Reuters.The company said net sales fell 0.1 percent or $72 million.

Zumiez shares fell 14 cents to $8.85 in after-hours trading after closing out the regular session up 78 cents, or 9.5 percent, at $8.99.

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