TJX Cos., Gap Inc., The Buckle and Zumiez all reported better-than-expected same-store sales for April, even as concerns about the job market bit into other retailers’ results.
TJX Cos., Gap Inc., The Buckle and Zumiez all reported better-than-expected same-store sales for April, even as concerns about the job market bit into other retailers’ results.
L.Brands, parent of Victoria's Secret, reported better-than-expected 3% sales in same-store sales for March. Zumiez Inc. and Buckle Inc. also both reported better-than-expected numbers.
Reporting ahead of most retailers whose results will be posted on Thursday, action sports retailer Zumiez said that same-store sales for the month of September rose 5.6%.
Reporting ahead of most retailers whose results will be posted on Thursday, action sports retailer Zumiez said that same-store sales for the month of September rose 5.6%.
Zumiez Inc. reported that net income for the quarter ended July 28 slipped to $2.1 million, from $2.6 million in the year-ago period, largely due to costs associated with its acquisition of Blue Tomato.
Action sports retailer Zumiez Inc. reported that profit surged 140% to $4.5 million for the quarter ended April 28, compared with $1.9 million for the year-ago period.
Teen retailer Zumiez Inc. reported that profit for the fourth quarter increased 24.9% to $18.7 million, from $15 million a year earlier, boosted by better margins.
Most apparel retailers topped Wall Street estimates in February, as rising temperatures boosted sales, while increased consumer confidence and Valentine’s Day also helped boost spending, according to the Thomson Reuters Same Store Sales Index.
Zumiez Inc. will move its e-commerce fulfillment operations from its headquarters in Everett, Wash., to Edwardsville, Kansas, in May to accommodate their growing online business and to increase the speed of product deliveries to online customers.
Despite ongoing concerns about the economy, retailers fared surprisingly well in September, helped by the tail end of back-to-school shopping and cooler temperatures.
Despite ongoing concerns about the economy, retailers fared surprisingly well in September, helped by the tail end of back-to-school shopping and cooler temperatures.
As part of the $200-million redevelopment of Cherry Hill Mall, in Cherry Hill, N.J., Zumiez has added a 2,444-sq.-ft. store near the Grand Court of the mall.
The nation’s specialty apparel retailers reported mixed results in July. as Hot Topic and Limited Brands turned in strong performances, while Gap and Aeropostale stumbled.