Zumiez Inc. stated that total net sales for the four-week period ended October 29, 2016 increased 14.4 percent to $55.9 million, compared to $48.9 million for the four-week period ended October 31, 2015. The company’s comparable sales increased 10.2 percent for the four-week period compared to a comparable sales decrease of 8.1 percent in the year-ago period.
Based primarily on higher-than-planned sales results for the quarter, the company is raising its guidance and now expects fiscal 2016 third-quarter net income per diluted share of approximately 35 cents to 36 cents a share, an increase from the previously issued guidance of net income per diluted share of approximately 29 cents to 30 cents.
