Zumiez reports increase in comparable sales and profit

Total net sales for the fourth quarter at Zumiez increased 0.8 percent to 331.5 million dollars, while comparable sales increased 4.7 percent compared to a comparable sales increase of 6.4 percent for the same quarter last year. Net income was 42.8 million dollars or 1.68 dollars per diluted share compared to 37.9 million dollars or 1.48 dollars per diluted share in the fourth quarter of the prior fiscal year. Total net sales for fiscal 2020 decreased 4.2 percent to 990.7 million dollars, while comparable sales increased 13.6 percent. Net income in fiscal 2020 increased 14 percent to 76.2 million dollars or 3 dollars per diluted share.