Zumiez continues to soar
In spite of many other well-established footwear retailers reporting less than positive results in recent times, American action sports-related footwear and apparel company Zumiez continues to post significant improvements in its performance.
The retailer has recorded a 15.3% rise in total net sales for the five-week period, ended January 5, to reach $72 million, compared with $62.5 million for the comparable five-week period last year, although comparable store sales growth slowed to 3.9% versus 11.5% in the same prior year period.
Commenting on the company’s continued success Rick Brooks, president and chief executive, said: “While we were pleased to again report positive comparable store sales in December against a very tough comparison, we fell short of our expectations for the month. Although holiday sales were positive, we did not experience the across the board strength that we had planned for. Nevertheless, we remain optimistic about the long term prospects for Zumiez.”
