Zumiez, Inc. (ZUMZ) Dec. Comps Increase 7.9%, Increases Guidance

Zumiez Inc. (NASDAQ: ZUMZ) a leading specialty retailer of apparel, footwear, equipment and accessories for young men and women today announced that total net sales for the five-week period ended December 30, 2017 increased 11.4% to $160.0 million, compared to $143.6 million for the five-week period ended December 31, 2016. The Company's comparable sales increased 7.9% for the five-week period compared to a comparable sales increase of 3.4% in the year ago period.

Due primarily to stronger than expected quarter-to-date sales and product margin performance, the Company is increasing guidance and now expects fiscal 2017 fourth quarter comparable sales growth of approximately 7%, and earnings per share between $0.88 and $0.90. This compares to the previous guidance for comparable sales growth between 3% and 5%, earnings per share between $0.78 and $0.84 and excludes any potential impact of recently passed tax reform.

(Street sees Q4 EPS of $0.80)

To hear the Zumiez prerecorded December sales message, please dial (201) 689-8483 or (877) 523-5612, followed by the passcode # 986439 (ZUMIEZ).

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