Zumiez Inc. Reports June 2014 Sales Results

Zumiez Inc.

a leading specialty retailer of action sports related apparel, footwear, equipment and accessories, today announced that total net sales for the five-week period ended July 5, 2014 increased 11.1% to $65.3 million, compared to $58.8 million for the five-week period ended July 6, 2013. The Company's comparable store sales increased 3.1% for the five-week period compared to a comparable store sales increase of 1.0% in the year ago period. Based primarily on better than planned sales results, the Company is revising guidance and now expects fiscal 2014 second quarter sales in the range of $174 to $176 million and net income per diluted share of approximately $0.19 to $0.21, an increase from the previously issued guidance of sales in the range of $167 to $171 million and net income per diluted share of approximately $0.12 to $0.16. This guidance is now predicated on a low single digit comparable store sales increase for the second quarter and includes a previously disclosed estimate of $0.6 million, or approximately $0.02 per diluted share, for charges associated with the acquisition of Blue Tomato. To hear the Zumiez prerecorded June sales message, please dial (201) 689-8483 or (877) 523-5612, followed by the passcode # 986439 (ZUMIEZ).