Turtle Bay awards $50,000 in grants and scholarships. The Moss Adams Apparel Market Monitor shows that public companies, with the exception of the Youth Lifestyle category, continue to outperform the overall stock market. Now on Industry Insight.
Zumiez reported this afternoon that same-store sales for May declined 20.7 percent.
All departments comped down in May, including footwear, which has been a bright spot for the action sports chain.
Other retailers have said during recent conference calls that May was a tough month for them as well.
Zumiez May comps by week:
Week 1: down 20.4 percent
Week 2: down 23.6 percent
Week 3: down 19.8 percent
Week 4: down 19 percent
The average number of transactions per comp store was down, as was the average unit retail price to a lesser extent.
Stores in the Western half of the U.S. continue to perform the worst, with average same-stores sales down in the mid-20 percent range, the company said.
Year-to-date, same store sales are down 16.7 percent compared to 0.6 percent in the same period last year.
Zumiez operates a total of 363 stores.