Sponsors
Billabong ▼ -0.010 | PPR ▼ -2.20 | American Apparel ▼ -0.020 | The Buckle ▼ -0.85 | Columbia ▼ -1.34 | Deckers Outdoor ▲ +1.09 | Dicks ▼ -0.65 | Foot Locker ▼ -0.56 | Genesco ▼ -0.67 | Iconix Brand Group ▼ -1.22 | Jarden Corp ▲ +0.01 | Nordstrom ▲ +0.11 | Luxottica ▼ -0.58 | Nike ▼ -0.16 | Pacific Sunwear ▲ +0.07 | Skullcandy ▼ -0.12 | Sport Chalet - 0 | Urban Outfitters ▼ -0.44 | VF Corp ▲ +0.13 | Quiksilver ▼ -0.01 | Zumiez ▼ -0.33 | Macys ▼ -0.46 | Tillys ▼ -0.14 |
Readers Say
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
Great insight into the issues
Great insight into the issues

I am a big fan of Tiffany and her team as well as an avid reader of Shop-Eat-Surf. I shop, I eat, I surf -- I should pay.

- By Kevin Bailey, President, Vans
Industry Insight

CFA, WELLS FARGO: Invitation to next "Crystal Ball" breakfast session, "Private Label vs Branded Manufacturing."

STOKES ME: SIMA Humanitarian Fund campaign kicks off this week with "Add-A-Buck" promotions in 76 core-store doors.

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