LYNNWOOD, WA- 07/09/14 -- Zumiez Inc. (NASDAQ: ZUMZ)
a leading specialty retailer of action sports related apparel,
footwear, equipment and accessories, today announced that total net
sales for the five-week period ended July 5, 2014 increased 11.1% to
$65.3 million, compared to $58.8 million for the five-week period ended
July 6, 2013. The Company's comparable store sales increased 3.1% for
the five-week period compared to a comparable store sales increase of
1.0% in the year ago period.
Based primarily on better than planned sales results, the Company is
revising guidance and now expects fiscal 2014 second quarter sales in
the range of $174 to $176 million and net income per diluted share of
approximately $0.19 to $0.21, an increase from the previously issued
guidance of sales in the range of $167 to $171 million and net income
per diluted share of approximately $0.12 to $0.16. This guidance is now
predicated on a low single digit comparable store sales increase for the
second quarter and includes a previously disclosed estimate of $0.6
million, or approximately $0.02 per diluted share, for charges
associated with the acquisition of Blue Tomato.
To hear the Zumiez prerecorded June sales message, please dial (201)
689-8483 or (877) 523-5612, followed by the passcode # 986439 (ZUMIEZ).
About Zumiez Inc.
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 July 5, 2014 we operated 572 stores including 527 in
the United States, 31 in Canada, and 14 in Europe. We operate under the
name Zumiez and Blue Tomato. Additionally, we operate ecommerce web
sites at www.zumiez.com and www.blue-tomato.com.
By press release
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