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Originally published Wednesday, August 1, 2012 at 3:45 PM

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Zumiez sales growth falls short of Wall Street expectations

It was a rare miss for the teen clothing chain, which consistently has beat analysts' sales expectations for the past two years.

Seattle Times business reporter

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Teen clothing chain Zumiez said Wednesday sales at stores open at least a year rose 7.5 percent in July, falling short of Wall Street's estimate.

Analysts expected a gain of 8.5 percent.

It was a rare miss for a retailer that consistently has beat expectations for the past two years.

Shares of Zumiez fell 11 percent to $31.90 in after-hours trading Wednesday following the sales report. Earler in the day shares closed down 40 cents to $35.93.

Zumiez, which recently moved its headquarters to Lynnwood from Everett, said its total monthly sales increased 21.5 percent year over year, to $47 million.

Sales at stores open more than a year rose 9.5 percent in the second quarter, on top of 7.5 percent growth a year ago.

Zumiez said it will announce its second-quarter earnings Aug. 30.

The company operates 479 stores in the U.S., Canada and Europe, where it does business under the name Blue Tomato.

Amy Martinez: 206-464-2923 or amartinez@seattletimes.com

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