Zumiez October Comp Sales Increase 0.6%; Net Sales Jump 20.2%

Zumiez Inc. reported its October net sales increased 20.2% to $41.9 million, while comparable store sales were up slightly 0.6%.

Oct 31, 2012 (Marketwire via COMTEX) — Zumiez Inc. (NASDAQ: ZUMZ) a leading specialty retailer of action sports related apparel, footwear, equipment and accessories, today announced that total net sales for the four-week period ended October 27, 2012 increased 20.2% to $41.9 million, compared to $34.9 million for the four-week period ended October 29, 2011. The Company’s comparable store sales increased 0.6% for the four-week period, on top of a comparable store sales increase of 3.3% in the year ago period.

The Company’s third quarter (13-weeks) comparable store sales were 3.7% on top of 6.0% in the prior year quarter (13-weeks). 

Based on total sales results for the quarter that were below planned sales, primarily due to a challenging sales environment in Europe, the Company is revising guidance and now expects fiscal 2012 third quarter net income per diluted share of approximately $0.38 to $0.39, a decrease from the previously issued guidance of net income per diluted share of approximately $0.42 to $0.45. This guidance includes previously disclosed costs in conjunction with the acquisition of Blue Tomato of approximately $4.0 million, or $0.10 per diluted share.

To hear the Zumiez prerecorded October sales message, please dial (201) 689-8483 or (877) 523-5612, followed by the passcode # 986439 (ZUMIEZ).