Zumiez Inc. reported same-store sales slid 2.9 percent in July compared to a sales decrease of 7.6 percent in the year-ago period.
Total sales increased 1 percent to $61.9 million, compared to $61.4 million for the four-week period ended August 1, 2015.
Second-quarter comparable sales decreased 4.9 percent, which is ahead of the company’s guidance range of -6 percent to -8 percent. Earnings per share are expected to be at the high end or slightly better than the guidance range of -9 cents to -13 cents, primarily due to higher than planned sales.
