Zumiez Inc., a leading specialty retailer of action sports apparel reported an 11.6 per cent year on year hike in net sales for the third quarter ended November 1, 2014.
Total net sales for the third quarter of 2014 surged 11.6 per cent to $213.3 million from $191.1 million in the third quarter ended November 2, 2013. Comparable sales rose 3.7 per cent as against 1.5 per cent for the thirteen weeks ended November 2, 2013.
Zumiez CEO, Mr. Rick Brooks said, “We delivered double digit earnings growth in the third quarter driven by higher than expected sales along with lower than planned operating expenses.”
“We are optimistic about our growth prospects this holiday season and more importantly over the long-term,” Mr. Brooks added.