Zumiez Has Strong Back-to-School and Start to Holiday
The action sports chain reported net income rose 11% to $11,922,000 from $10,695,000 for the three months ended Oct. 28 as sales improved 11% to $245,756,000 from $221,391,000 with the aid of a 7.9% comp store increase in the period and the addition of six more stores globally. Men’s sales continued to drive the improvement followed by juniors, while accessories remained its weakest department but hard goods and footwear were also down. The strength seems to be primarily in North America, which accounted for $223.1 million of the sales while international was $22.7 million as ZUMZ has been cleaning up ... Log in to view full article.