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Business

Zumiez cuts Q2 loss, comparable sales increase by 3.6 percent

Zumiez net sales for the second quarter increased 8.1 percent to 210.2 million dollars and comparable sales increased 3.6 percent. The company’s net loss for the quarter reduced to 0.8 million dollars or 4 cents per share. Total net sales for the six months increased by 2.7 percent to 387.6 million dollars and comparable sales increased 0.8...

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BusinessFeatured

Zumiez Q3 sales down 17.9 percent

US skate shop and streetwear retailer Zumiez has reported a 17.9 percent drop in sales in the third quarter as it faced multiple headwinds affecting the wider industry. In the three months to October 29, sales fell to 237.6 million dollars from 289.5 million dollars a year earlier, while net income slumped to 6.9 million dollars from 30.7...

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