May a tough month for Zumiez

Zumiez reported this afternoon that same-store sales for May declined 20.7 percent.

All departments comped down in May, including footwear, which has been a bright spot for the action sports chain.

Other retailers have said during recent conference calls that May was a tough month for them as well.

Zumiez May comps by week:

Week 1: down 20.4 percent

Week 2: down 23.6 percent

Week 3: down 19.8 percent

Week 4: down 19 percent

Published: May 13, 2013

Zumiez reported this afternoon that same-store sales for May declined 20.7 percent.

All departments comped down in May, including footwear, which has been a bright spot for the action sports chain.

Other retailers have said during recent conference calls that May was a tough month for them as well.

Zumiez May comps by week:

Week 1: down 20.4 percent

Week 2: down 23.6 percent

Week 3: down 19.8 percent

Week 4: down 19 percent

The average number of transactions per comp store was down, as was the average unit retail price to a lesser extent.

Stores in the Western half of the U.S. continue to perform the worst, with average same-stores sales down in the mid-20 percent range, the company said.

Year-to-date, same store sales are down 16.7 percent compared to 0.6 percent in the same period last year.

Zumiez operates a total of 363 stores.

 

Strategy & Planning Series
Strategy & Planning Series
Strategy & Planning Series
Strategy & Planning Series