Shorebreak Hotel as a venue for industry events. Cinematographer Louie Schwartzberg's "Moving Art Retreat" in June at Turtle Bay Resort. Details on Industry Insight.
Important industry customer Zumiez said this afternoon that November same store sales increased 8.4%, significantly better than the 3.1% consensus increase predicted by stock analysts.
The strong November is a good indicator that Zumiez will have a good holiday season on top of a robust back-to-school period.
The company also released third quarter earnings. Here’s a quick summary of the results:
Net sales: up 13.3% to $154 million
Same store sales: up 6% vs. a 14.4% increase the same period last year
Net income: up 14.8% to $14.1 million.