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Billabong ▲ +0.005 | PPR ▼ -2.30 | American Apparel ▼ -0.015 | The Buckle ▼ -0.04 | Columbia ▼ -0.63 | Deckers Outdoor ▼ -0.38 | Dicks ▲ +0.20 | Foot Locker ▼ -0.67 | Genesco ▼ -0.03 | Iconix Brand Group ▲ +0.21 | Jarden Corp ▼ -0.34 | Nordstrom ▼ -0.12 | Luxottica ▲ +0.26 | Nike ▲ +0.31 | Pacific Sunwear ▼ -0.01 | Skullcandy ▲ +0.33 | Sport Chalet - 0 | Urban Outfitters ▼ -0.60 | VF Corp ▼ -0.13 | Quiksilver ▼ -0.06 | Zumiez ▲ +0.04 | Macys ▲ +0.39 | Tillys ▲ +0.22 |
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Tiffany Montgomery
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Zumiez stock up, retailers report better than expected sales

By Tiffany Montgomery
January 07, 2010 1:18 PM

Zumiez stock price soared today, a day after the action sports retailer reported better than expected December results.

The company’s share price rose 15% to $14.64.

In general, retailers reported stronger than expected results for December, and many retailers raised fourth quarter earnings expectations as a result. However, Hot Topic and Hollister had a tough month.

Here’s a quick roundup of December same store sales:

Teen retailers and others

The Buckle: up 6.6%

Hollister: down 25%

Urban Outfitters: up 9%, with Urban Outfitters stores rising 1%

Wet Seal: down 4.6%

American Apparel: down 5%

Aeropostale: up 10%

American Eagle Outfitters: up 7%

Gap: up 2%, with Old Navy the best performer

Department stores

Macy’s: up 1% - Bloomingdale’s had a strong month

Nordstrom: up 7.4%

JC Penney: down 3.8%

Kohl’s: up 4.7%

Big Box

Target: up 1.8%

Costco: up 9%; excluding fuel inflation and currency issues, same store sales rose 4%

 

 

 

 

 

 

 


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