Billabong ▲ +0.015 | PPR ▲ +0.40 | American Apparel ▼ -0.004 | The Buckle ▼ -0.55 | Columbia ▲ +0.10 | Deckers Outdoor ▼ -2.59 | Dicks ▲ +0.36 | Foot Locker ▲ +0.79 | Genesco ▼ -1.34 | Iconix Brand Group ▼ -0.13 | Jarden Corp ▲ +1.13 | Nordstrom ▲ +0.65 | Luxottica ▲ +1.62 | Nike ▲ +0.14 | Pacific Sunwear ▼ -0.07 | Skullcandy ▼ -0.20 | Sport Chalet - 0 | Urban Outfitters ▼ -4.94 | VF Corp ▼ -0.22 | Quiksilver ▼ -0.09 | Zumiez ▼ -0.81 | Macys ▼ -0.36 | Tillys ▼ -0.25 |
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Zumiez's September sales are stellar

By Tiffany Montgomery
October 05, 2011 1:20 PM

September sales turned out better than expected for important industry customer Zumiez, the company reported this afternoon. As a result, the company raised its earnings guidance for the third quarter.


Zumiez said same store sales in September rose 10.1%. In September 2010, same store sales increased 17%.


This year during the key back-to-school months of August and September combined, Zumiez’s same store sales increased 6.8%.


Comp sales by week in September were:


1. +9.6%

2. +12.6%

3. + 8.9%

4. +11.5%

5. +6.9%


The dollars per transactions rose, while the number of transactions decreased.


Strong categories: Men’s, Footwear, Junior’s, Accessories, Boys


Weak category: hardgoods


Year-to-date same store sales: + 8.8%


Total stores: 436


Because of stronger than expected sales, Zumiez now expects third quarter sales of $150 million to $152 million and net income per diluted share of 40 cents to 41 cents, up from the previous guidance of 37 cents to 39 cents.


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