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By
Reuters
Published
Dec 2, 2009
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Zumiez November same-store sales fall 8.5%

By
Reuters
Published
Dec 2, 2009

Dec 2 (Reuters) - Skate and snow-boarding inspired retailer Zumiez Inc (ZUMZ.O) posted a wider-than-expected 8.5 percent fall in November sales at stores open for at least a year.



Analysts on average expected same-store sales at the retailer to fall 8.2 percent, according to Thomson Reuters I/B/E/S.

For the four-week period ended Nov. 28, total net sales fell 1.8 percent to $32 million.

Shares of Zumiez, which sells clothing and equipment for skaters, snowboarders and the like, closed at $11.25 Wednesday 2 December on Nasdaq. (Reporting by Mihir Dalal in Bangalore; Editing by Anil D'Silva) (([email protected]; within U.S. +1 646 223 8780; outside U.S. +91 80 4135 5800; Reuters Messaging: [email protected]))

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