Zumiez (ZUMZ) Swoons on Q1 Loss

Zumiez Inc. ZUMZ shares diminished 5.1% to $14.30. The company reported a narrower-than-expected loss for its first quarter, but issued a weak forecast for the current quarter. The company's comparable sales for the 13 weeks ended April 30 dropped 7.5%, versus a 3% growth in the year-ago period. Share volume was 1.5 million, compared to an all-day average of 466,000