Zumiez has a fizzling July

Lynnwood, Wash. – Specialty sports retailer Zumiez Inc. had a fizzling July. Net sales decreased 2% to $61.4 million, from $62.8 million the same four-week period a year earlier. Same-store sales dropped 7.6%.



“While our second quarter same-store sales decrease of 4.5% was within our guidance range, we did experience greater than anticipated pressure as we moved through the month from both a sales perspective with the shift in Labor Day and related sales tax holidays, as well as on product margin from higher promotional activity to clear seasonal inventory,” said Rick Brooks, CEO of Zumiez.