Skip to main content
Advertising

Originally published August 7, 2013 at 3:26 PM | Page modified August 8, 2013 at 6:25 AM

  • Share:
           
  • Comments (0)
  • Print

Zumiez sales climb 0.8 percent in July, miss forecasts

The Associated Press

Most Popular Comments
Hide / Show comments
No comments have been posted to this article.
Start the conversation >

advertising

Zumiez, a Lynnwood-based seller of clothing, shoes and equipment for action sports, said Wednesday that a key revenue measure grew 0.8 percent for the four weeks through Aug. 3.

Analysts were anticipating that same-store sales — sales at stores open at least 13 months — would increase 1.7 percent, according to Thomson Reuters. It’s considered a key measure of a retailer’s financial health as it strips away the impact of recently opened or closed stores.

The company’s total revenue increased 19.3 percent from a year ago to $56.1 million.

Zumiez reported that the gains were seen in the last two weeks of the period. The retailer said its juniors and shoe departments performed well, which helped offset weaker sales trends in its men’s, boys and accessories departments.

The company operates 529 Zumiez and Blue Tomato stores in North America and Europe. The bulk of its stores are in the U.S.

Shares of Zumiez fell 76 cents to close Wednesday’s trading session at $27. The sales figures were released after the market closed. Zumiez shares were unchanged in after-hours trading.

News where, when and how you want it

Email Icon

Subscribe today!

Subscribe today!

Get 8 weeks of digital access to The Seattle Times for $1

Advertising

Advertising


Advertising
The Seattle Times

To keep reading, you need a subscription.

We hope you have enjoyed your complimentary access. Subscribe now for unlimited access!

Subscription options ►

Already a subscriber?

We've got good news for you. Unlimited seattletimes.com content access is included with most subscriptions.

Subscriber login ►