Zumiez Inc. announced that total net sales for the five-week period ended February 3 increased 33.6 percent to $66.0 million, compared to $49.4 million for the four-week period ended January 28, 2017. Excluding the impact of the 53rd week in fiscal 2018, total net sales in January increased 12.8 percent from the prior year.
The company’s comparable sales increased 6.3 percent for the five-week period ended February 3, 2018 compared to the five-week period ended February 4, 2017. In the prior year comparable sales increased 9.4 percent for the four-week period ended January 28, 2017.
Based on slightly-higher-than-expected sales, the company now expects fourth quarter 2017 earnings per share to be toward the high end of its most recent guidance range of 88 to 90 cents, which excludes any potential impact of recently passed tax reform. Due to the calendar shift related to the 53rd week, Zumiez plans to report February 2018 sales and fourth quarter 2017 results on March 15, 2018.
