Net Sales Decreased 7.9% to $32.0 Million
June 2009 Comparable Store Sales Decreased 19.3%
Zumiez Inc. (NASDAQ: ZUMZ) 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 4, 2009
decreased 7.9% to $32.0 million, compared to $34.7 million for the
five-week period ended July 5, 2008. The company's comparable store
sales decreased 19.3% for the five-week period, versus a comparable
store sales decrease of 3.4% in the year ago period.
To hear the Zumiez prerecorded April sales message, please dial (585)
295-6795 (no passcode is required).
About Zumiez Inc.
Zumiez is a leading specialty retailer of action sports related apparel,
footwear, equipment and accessories. Our stores cater to young men and
women between ages 12-24, focusing on skateboarding, surfing,
snowboarding, motocross and BMX. As of July 4, 2009 we operate 368
stores, which are primarily located in shopping malls and our web site
address is www.zumiez.com.
Safe Harbor Statement
Certain statements in this press release and oral statements relating
thereto made from time to time by representatives of the company may
constitute forward-looking statements for purposes of the safe harbor
provisions under the Private Securities Litigation Reform Act of 1995.
These statements include, without limitation, predictions and guidance
relating to the company's future financial performance, brand and
product category diversity, ability to adjust product mix, integration
of acquired businesses, growing customer demand for our products and new
store openings. In some cases, you can identify forward-looking
statements by terminology such as, "may," "should," "expects," "plans,"
"anticipates," "believes," "estimates," "predicts," "potential,"
"continue," or the negative of these terms or other comparable
terminology. These forward-looking statements are based on management's
current expectations but they involve a number of risks and
uncertainties. Actual results and the timing of events could differ
materially from those anticipated in the forward-looking statements as a
result of risks and uncertainties, which include, without limitation,
those described in the company’s quarterly report on Form 10-Q for the
quarter ended May 2, 2009 as filed with the Securities and Exchange
Commission and available at www.sec.gov.
You are urged to consider these factors carefully in evaluating the
forward-looking statements herein and are cautioned not to place undue
reliance on such forward-looking statements, which are qualified in
their entirety by this cautionary statement. The forward-looking
statements speak only as of the date on which they are made and the
company undertakes no obligation to publicly update such forward-looking
statements to reflect subsequent events or circumstances.
Zumiez Inc.
Trevor Lang
Chief Financial Officer
425-551-1500,
ext. 1564
or
Investor:
ICR
Chad
Jacobs/Brendon Frey
203-682-8200