Zumiez April sales down 1.1 percent
By Prachi Singh
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Zumiez total net sales for the four-week period ended April 30, 2016 decreased 1.1 percent to 51.2 million dollars, compared to 51.8 million dollars for the four-week period ended May 2, 2015. The company's comparable sales decreased 6 percent for the four-week period under review compared to a comparable sales decrease of 4 percent in the year ago period.
Based upon first quarter 2016 sales results, the company expects the net loss per share to be at or slightly below the low end of its guidance range of 0.07 dollar to 0.11 dollar for the three months ending April 30, 2016.