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Stock Market & Financial Investment News

News Breaks
February 6, 2013
16:04 EDTZUMZZumiez reports January net sales up 57.9% to $50.3M, raises Q4 guidance
Zumiez announced that total net sales for the five-week period ended February 2 increased 57.9% to $50.3M, compared to $31.8M for the four-week period ended January 28, 2012. The company's comparable store sales increased 2.6%, for the five-week period ended February 2, on top of a comparable store sales increase of 11.1% for the five-weeks ended February 4, 2012. The c ompany's fourth quarter (14-weeks) comparable store sales decreased 1.0% and the full year fiscal 2012 (53-weeks) comparable store sales increased 5.0%. Due to the 53rd week in fiscal 2012, comparable store sales for the period ended February 2 are compared to the same time frame ended February 4, 2012. Based primarily on better than planned sales, the company has increased its fiscal 2012 fourth quarter guidance. The company now expects net income per diluted share to be 65c-66c, an increase from the previously issued guidance of net income per diluted share of approximately 59c-62c, consensus 68c.
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September 16, 2014
16:26 EDTZUMZZumiez assumed with a Neutral at Piper Jaffray
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