Zumiez, Inc. (ZUMZ) Misses Q2 EPS by 1c, Comps Down 10.7%; Q3 EPS Guidance Falls Well Short of Views
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Zumiez Inc. Announces Fiscal 2015 Second Quarter Results
September 10, 2015 4:01 PM EDTLYNNWOOD, WA -- (Marketwired) -- 09/10/15 -- Zumiez Inc. (NASDAQ: ZUMZ) a leading lifestyle retailer of apparel, footwear, equipment and accessories, today reported results for the second quarter ended August 1, 2015.
Total net sales for the second quarter ended August 1, 2015 (13 weeks) increased 1.8% to $179.8 million from $176.7 million in the quarter ended August 2, 2014 (13 weeks). This comparison includes the negative impact of foreign currency translation in the quarter of approximately $4.4 million. Comparable sales for the thirteen weeks ended August 1, 2015 decreased 4.5% compared to a comparable sales increase of 3.4% for the thirteen weeks ended August 2, 2014. Net income in the second quarter of... More
