Sponsors
Billabong ▲ +0.010 | PPR ▲ +2.35 | American Apparel ▲ +0.020 | The Buckle ▼ -0.35 | Columbia ▲ +1.33 | Deckers Outdoor ▼ -0.01 | Dicks ▼ -0.35 | Foot Locker ▲ +0.21 | Genesco ▲ +0.14 | Iconix Brand Group ▲ +0.55 | Jarden Corp ▼ -0.21 | Nordstrom ▲ +0.12 | Luxottica ▼ -0.70 | Nike ▼ -0.50 | Pacific Sunwear ▼ -0.04 | Skullcandy ▲ +0.03 | Sport Chalet - 0 | Urban Outfitters ▼ -0.17 | VF Corp ▼ -0.51 | Quiksilver ▼ -0.13 | Zumiez ▼ -0.77 | Macys ▲ +0.18 | Tillys ▼ -0.08 |
Ticker Sponsor
Readers Say
Executive Edition is a must have
Executive Edition is a must have

Before Shop-Eat-Surf, there were two sites I paid for premium content on. One is Surfline, the other is the Wall Street Journal. One is about all things surf, the other, the best business content site in the world. Shop-eat-surf is the intersection of those two worlds. Shop-Eat-Surf provides everything from coverage of events, people, brands and trends. However, beyond the Executive Edition "wall" is more meaty analysis and interpretation of financial statements, business models and brand philosophies; why certain brands and companies are succeeding, where others aren't. The Executive Edition is a must have read if the business of surf and action sports are on your radar screen.

- By Jeff Berg, Co-owner, Surfline
Executive Edition rules
Executive Edition rules

“Shop-Eat-Surf” is now officially, the first stop in the morning for industry news. Accurate reporting, no sensationalism, and just the facts. Refreshing support to an incredible industry with a very bright future. Tiffany has cemented her role in the industry....the site is thought provoking, and inspirational. Learning the stories of others is incredibly useful. Great way to connect the retail community with the wholesale and financial, instantly and nationwide. ... And the Executive Edition rules.

- By Bob Hurley, Chairman, Hurley International
Industry Insight

SDSI: 7 new companies accepted into the Springboard business mentoring program. AGENDA: Registration and travel planning now open for January and February trade shows.

Details on Industry Insight.


Tiffany Montgomery
Print This Article

Zumiez sees meaningful improvement in Q3

By Tiffany Montgomery
November 19, 2009 1:29 PM

Zumiez offered some upbeat news in its third quarter earnings press release this afternoon.

The company said sales in the Western half of the U.S. have improved, most notably in California. Zumiez also saw “meaningful” improvement in same-store sales trends in the third quarter vs. the first half of the year.

Zumiez offered a better forecast for fourth quarter same-store sales than competitor PacSun. Zumiez expects fourth quarter same-store sales to be down in the mid-to-high single digits while PacSun executives predicted a low 20s decline early this week.

Third quarter results

Net sales: up 0.8% to $113.2 million

Same-store sales: down 8%. In the third quarter of 2008, same-store sales declined 5.8%.

Net income: down 25% to $5.1 million

Q4 same-store sales guidance: down high-to-mid single digits

Q4 earnings guidance: 18 to 22 cents per share

 


More on: earnings, sales, Zumiez

Articles You Might Have Missed