• Home
  • V1
  • Design
  • Zumiez sales rise 11.1 percent in June

Zumiez sales rise 11.1 percent in June

Design
By FashionUnited

loading...

Scroll down to read more

REPORT_ Zumiez has announced that total net sales for the five-week period ended July 5, 2014 increased 11.1 percent to 65.3

million dollars, compared to 58.8 million dollars for the five-week period ended July 6, 2013. The company's comparable store sales increased 3.1 percent for the five-week period compared to a comparable store sales increase of 1 percent in the year ago period.

Based primarily on better than planned sales results, the company is revising guidance and now expects fiscal 2014 second quarter sales in the range of 174 dollars to 176 million dollars and net income per diluted share of approximately 0.19 dollars to 0.21 dollars, an increase from the previously issued guidance of sales in the range of 167 dollars to 171 million dollars and net income per diluted share of approximately 0.12 dollars to 0.16 dollars.

This guidance is now predicated on a low single digit comparable store sales increase for the second quarter and includes a previously disclosed estimate of 0.6 million dollars, or approximately 0.02 dollars per diluted share, for charges associated with the acquisition of Blue Tomato.

Zumiez