Zumiez Inc. reported net sales for fiscal January increased 81.4% to $23.4 million from $12.9 million for the four-week period ended January 28, 2006.
On a five-week basis, for the period ended February 3, 2007, total net sales were $23.4 million, an increase of 43.3% over total net sales of $16.3 million for the five-week period ended February 4, 2006. The company's comparable store sales increased 13.0%, for the five-week comparable period, versus a comparable store sales increase of 24.3% for the previous year's five-week period.
Zumiez Inc. also announced that Brenda Morris, Chief Financial Officer, will be leaving the company for personal reasons, effective early April 2007. The Company has begun the search process for Ms. Morris' successor.
Rick Brooks, President and Chief Executive Officer of Zumiez Inc., stated, “As Chief Financial Officer, Brenda's leadership, hard work and dedication throughout her time at Zumiez has been integral to the growth and success of our Company over the past few years. We wish her all the best in her future endeavors, and while we are sorry to see her leave, we are fortunate to have a strong financial team of qualified individuals and are confident in their ability to ensure a smooth transition over the coming months.”
Brenda Morris, Chief Financial Officer of Zumiez, added, “I am sad to leave the great team and operations at Zumiez, but I am choosing an opportunity to be closer to my family, which I am excited about. I plan to stay with the company through early April so that we can assure an orderly transition of the CFO function. I look forward to watching the ongoing success of the company as a shareholder and friend to everyone at Zumiez.”
