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Friedman Stroffe & Gerard, P.C.

FSG’s Action Sports Practice Group provides legal services to the action sports industry. Our clients include surfers, skiers, snowboarders and skaters, as well as sponsors and leading apparel companies. Our attorneys serve in positions with industry organizations such as the Association of Surfing Professionals. We know your business and can provide full-service legal solutions to meet your organizational needs.

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ROTH CAPITAL PARTNERS: CEO Byron Roth, athletes including Amy Purdy to be honored by Challenged Athletes Foundation.
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Details on Industry Insight.


Tiffany Montgomery
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May a tough month for Zumiez

By Tiffany Montgomery
June 03, 2009 2:13 PM

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.

 


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