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Zumiez Reports Strong January Comps

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January 2018 Comparable Sales Increased 6.3%

LYNNWOOD, Wash., Feb. 07, 2018 (GLOBE NEWSWIRE) -- Zumiez Inc.(NASDAQ:ZUMZ), a leading specialty retailer of apparel, footwear, equipment and accessories for young men and women today announced that total net sales for the five-week period ended February 3, 2018 increased 33.6% to $66.0 million, compared to $49.4 million for the four-week period ended January 28, 2017.  Excluding the impact of the 53rd week in fiscal 2018, total net sales in January increased 12.8% from the prior year.  

The Company's comparable sales increased 6.3% for the five-week period ended February 3, 2018 compared to the five-week period ended February 4, 2017.  In the prior year comparable sales increased 9.4% for the four-week period ended January 28, 2017.

Based on slightly higher than expected sales, the company now expects fourth quarter 2017 earnings per share to be toward the high-end of it most recent guidance range of $0.88 to $0.90, which excludes any potential impact of recently passed tax reform. Due to the calendar shift related to the 53rd week, Zumiez plans to report February 2018 sales and fourth quarter 2017 results on March 15, 2018.               

About Zumiez Inc.

Zumiez is a leading specialty retailer of apparel, footwear, accessories and hardgoods for young men and women who want to express their individuality through the fashion, music, art and culture of action sports, streetwear, and other unique lifestyles. As of February 3, 2018 we operated 698 stores, including 607 in the United States, 50 in Canada, and 34 in Europe and 7 in Australia. We operate under the names Zumiez, Blue Tomato and Fast Times. Additionally, we operate ecommerce web sites at Zumiez.com, blue-tomato.com and fasttimes.com.au.  

 

 

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