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ROTH CAPITAL PARTNERS: Zumiez comps exceed estimates.
Details on Industry Insight.
Zumiez continued its strong sales momentum in June with same store sales rising 9.8% for the five weeks ended July 2.
Last year during the same period, same store sales rose 10.9%.
Comps by week were:
Strong categories included footwear, men’s, accessories, junior’s and hardgoods.
Boys was the only category that recorded a negative comp.
Quarter-to-date, Zumiez same store sales are up 8.9%.
Zumiez currently operates 418 stores.