This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Zumiez Shares Spike on Sales Numbers (Update 1)

Updated from 1:12 p.m. EST to provide executive comments regarding sales in the fourth paragraph.

NEW YORK ( TheStreet) - Shares of Zumiez (ZUMZ - Get Report), the action-sport apparel and accessory retailer, spiked more than 13% on Thursday, following its release of March same-store sales numbers that considerably beat the analyst estimates.

The company's comparable store sales increased 2.1% for the five-week period ending April 6. Thomson Reuters analyst Jharonne Martis-Olivo forecast Zumiez's same-store sales would fall 7.5% during that time. Zumiez' total net sales for the five-week period rose 19.7% to $61 million, the company said.

Zumiez said the juniors and hard goods categories posted positive comps, while boys, men, accessories and footwear posted negative comps for the period.

"Looking to ahead to April it's important to remember that due to the Easter shift results in March and April can vary significantly," CFO Christopher Work said in a pre-recorded statement.

This year's early Easter holiday will be "a detriment to comparable store sales in March and a benefit in April," Work said.

Comparable store sales for the five-week period ending March 31 rose 14.1% to $50.9 million.

With its focus on skateboarding, snowboarding, surfing, motocross and BMX apparel and accessories, Zumiez competes with other teen active-lifestyle retailers like Pacific Sun (PSUN - Get Report) and Hot Topic (HOTT).

The company has 502 stores, primarily in the U.S., under its two brands, Zumiez and Blue Tomato.

Investors were pleased with the numbers from the Lynnwood, Wash.-based company. Shares were most recently trading at $28.23, up 13.4% over the previous day's closing stock price. More than 2.7 million shares traded hands on Thursday. The average three-month daily volume for the stock is 475,000 shares.

-- Written by Laurie Kulikowski in New York.

To contact Laurie Kulikowski, send an email to:

>To submit a news tip, email:


Follow TheStreet on Twitter and become a fan on Facebook

Disclosure: TheStreet's editorial policy prohibits staff editors, reporters and analysts from holding positions in any individual stocks.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
ZUMZ $40.25 0.17%
PSUN $2.76 -1.78%
AAPL $124.43 -1.54%
FB $82.22 -1.18%
GOOG $548.00 -0.73%


DOW 17,776.12 -200.19 -1.11%
S&P 500 2,067.89 -18.35 -0.88%
NASDAQ 4,900.8850 -46.5560 -0.94%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs