Sponsors
Billabong ▼ -0.010 | PPR ▼ -2.45 | American Apparel ▲ +0.014 | The Buckle ▼ -0.94 | Columbia ▼ -0.17 | Deckers Outdoor ▼ -2.49 | Dicks ▼ -0.16 | Foot Locker ▼ -0.11 | Genesco ▼ -2.05 | Iconix Brand Group ▲ +0.20 | Jarden Corp ▼ -0.93 | Nordstrom ▼ -0.67 | Luxottica ▲ +0.22 | Nike ▼ -0.42 | Pacific Sunwear ▼ -0.20 | Skullcandy ▼ -0.21 | Sport Chalet - 0 | Urban Outfitters ▼ -0.28 | VF Corp ▼ -0.30 | Quiksilver ▼ -0.05 | Zumiez ▼ -0.50 | Macys ▼ -0.96 | Tillys ▲ +0.02 |
Ticker Sponsor
Readers Say
The one, undisputed leader
The one, undisputed leader

It is common knowledge in our industry that there is one undisputed leader in reporting on the topics, businesses and trends that impact all of us the most, and it is shop-eat-surf.com. Their access to those who make our industry happen is second to none, and we value not only the content of their reporting but the editorial thought on what it all means both in the present as well as the future. If we were asked to give a rating, it would be five out of five stars.

- By Craig Levra, CEO, Sport Chalet
Useful on a daily basis
Useful on a daily basis

It's well balanced information that is useful on a daily basis. I'm very satisfied with the Executive Edition. I start each day with SES and a big cup of coffee!

- By Tom Ruiz, EVP Sales, Volcom
Industry Insight

SIMA: Sponsorship opportunities now available for Waterman's Weekend, Aug. 14-15.
ROTH CAPITAL PARTNERS: CEO Byron Roth, athletes including Amy Purdy to be honored by Challenged Athletes Foundation.

Details on Industry Insight.


Tiffany Montgomery
Print This Article

Zumiez raises guidance on strong sales, product margins

By Tiffany Montgomery
August 05, 2010 8:37 AM

Zumiez reported strong comparable sales for July and raised its earnings guidance for the second quarter based on better than expected sales and product margins.

Same store sales increased 9.4% for the four weeks ended July 31.

Last year in July, same store sales declined 6.8%.

The company now expects to report a net loss of 2 to 3 cents per share vs. the previous forecast of a net loss of 7 to 10 cents per share. The loss is due to charges from relocating the company’s distribution center from Washington to California.

Comps by week were:

1. up 10.9%

2. up 7.7%

3. up 9.1%

4. up 9.8%

Regions: Same store sales for the Southern region rose 10%, while stores in the West, Midwest and East recorded a 7% increase. E-commerce also reported strong comps.

Strong categories: Accessories, men’s, footwear, boys.

Weak categories: hardgoods, juniors.

Q2 comps: up 9.3%

Year-to-date comps: up 9.2%

 


Articles You Might Have Missed