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Details on Industry Insight.
October same store sales were mixed for several mall retailers, with Zumiez once again the super star performer.
Zumiez reported a 21.5% increase in same store sales for the month compared to an 8.9% decline during the same period last year.
All regions and categories reported positive number, including junior’s.
Zumiez comps by week were:
1. up 17.2%
2. up 16.7%
3. up 27.2%
4. up 25.9%
The retailer raised its third quarter earnings for the third time this quarter and now expects earnings per share of 36 cents to 37 cents, versus its previously upgraded guidance of 28 cents to 30 cents.
Zumiez originally forecast third quarter earnings of 21 cents to 24 cents.
Zumiez operates 400 stores.
Here are October same store sales results for some other industry customers and competitors. PacSun no longer reports monthly sales.
The Buckle: up 2.6%
Abercrombie & Fitch
Total same store sales: up 2%
Hollister: up 2%
Aeropostale: down 2%
American Eagle Outfitters: down 2%
Total: up 2%
Gap: up 5%
Banana Republic: down 1%
Old Navy: up 2%
International: up 1%
Wet Seal: down 0.7%
Macy’s: up 2.5%
Nordstrom: up 3.4%