Sponsors
Billabong ▼ -0.025 | PPR ▲ +0.70 | American Apparel ▼ -0.016 | The Buckle ▲ +1.18 | Columbia ▲ +0.46 | Deckers Outdoor ▲ +0.28 | Dicks ▲ +1.33 | Foot Locker ▼ -0.01 | Genesco ▲ +1.11 | Iconix Brand Group ▼ -0.26 | Jarden Corp ▲ +0.35 | Nordstrom ▲ +0.25 | Luxottica ▲ +2.71 | Nike ▲ +1.63 | Pacific Sunwear ▼ -0.01 | Skullcandy ▲ +0.25 | Sport Chalet - 0 | Urban Outfitters ▲ +0.06 | VF Corp ▲ +0.58 | Quiksilver ▼ -0.05 | Zumiez ▼ -0.82 | Macys ▲ +0.18 | Tillys ▲ +0.18 |
Ticker Sponsor
Readers Say
I require all our executives to read it
I require all our executives to read it

There is no better publication that I am aware of that is so accurate and on top of any news and developments in our industry. I personally recommend it to many people that want to know and understand more about our industry. For the most part, shop-eat-surf.com gets the stories first. As a matter of fact, I require all the executives in our company to read it.

- By Hezy Shaked, President & CEO, Tilly's
The first thing I look at
The first thing I look at

I find Shop-Eat-Surf to be a very useful and informative site that I enjoy browsing daily. Shop-Eat-Surf is the first thing I look at every morning to keep up-to-date on the latest talk, events, and happenings in the industry. I must say I am a fan of Shop-Eat-Surf.

- By Bobby Abdel, Partner, Jack's Surfboards
Industry Insight

SES: The monthly Credit Managers' Index dips to levels last seen during the credit crunch.
ROTH CAPITAL PARTNERS: Hosting 27th Growth Stock Conference March 8-11 in Dana Point, Calif.
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