Business news :Zumiez Sees 2.6 Percent January Comp Gain

Zumiez Inc. announced that total net sales for the five-week period ended Feb. 2, 2013 increased 57.9 percent to $50.3 million, compared to $31.8 million for the four-week period ended January 28, 2012. The company's comparable store sales increased 2.6  percent, for the five-week period ended Feb. 2, 2013, on top of a comparable store sales increase of 11.1 percent for the five-weeks ended Feb. 4, 2012.

The company's fourth quarter (14-weeks) comparable store sales decreased 1.0  percent and the full year fiscal 2012 (53-weeks) comparable store sales increased 5.0 percent. Due to the 53rd week in fiscal 2012, comparable store sales for the period ended Feb. 2, 2013 are compared to the same time frame ended February 4, 2012.

Based primarily on better than planned sales, the company has increased its fiscal 2012 fourth quarter guidance. The company now expects net income per diluted share to be 65 cents to 66 cents, an increase from the previously issued guidance of net income per diluted share of approximately 59 cents to 62 cents.

Zumiez is a leading multi-channel specialty retailer of action sports related apparel, footwear, equipment and accessories, focusing on skateboarding, snowboarding, surfing, motocross and BMX for young men and women. As of Feb. 2, Zumiez operated 500 stores, 472 in the United States, 20 in Canada, and 8 in Europe.

( SportsOneSource Media )