Preview - Please log in to view full article.

Article Date: March 2017
Word Count: 525

Zumiez Finishes 2016 on High Note

Zumiez bucked the retail trend in the final quarter ended Jan. 28, seeing net income surge 38% to $18,184,000 from $13,149,000 on 9% higher sales at $263,635,000 vs. $242,434,000 as comp store sales increased 5.1% against a 9.5% decrease in Q4 last year and 33 new stores also boosted the top line. Gross margin was up 90 basis points to 35.7%.


Sales decelerated slightly in Feb., down 1% to $51.5 million on -3.1% comp decline compared to -8.6% comps last year, a result that was centered in the U.S, where late tax refund checks hurt late Jan. and early Feb. Men’s ... Log in to view full article.


Already a subscriber?

User Name:  


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.