MOSS ADAMS: Webinar 12/2 on internal controls to increase the value of your business.
AGENDA: 12/30 deadline to pre-register for Jan. 5-6 Long Beach show.
CIT TRADE FINANCE: Middle-market retailers cautiously optimistic for holiday.
Details on Industry Insight.
A quick summary of Zumiez just released earnings. I’ll have a more in-depth report later from the conference call.
Sales: up 5.6% to $132.4 million
Same store sales: down 1.7% vs. a drop of 13.4% the same period last year.
Net income: up 39% to $8.8 million, including charges
Sales: down 0.3% to $407.6 million
Same store sales: down 10% vs. a 6.5% drop in 2008
Net income: down 47% to $9.1 million, including several charges
Cash and securities: $108.1 million
Zumiez will open 25 new stores