Zumiez Inc (ZUMZ)

[MiamiGent]

ZUMZ Zumiez's May same-store sales top estimates
PROVIDED BY Reuters - 4:25 PM 05/30/2012

http://stockcharts.com/h-sc/ui?s=ZUMZ


* May sales rose 24 pct to $37.4 mln

* May same-store sales rose 13.7 pct vs est. 6.6 pct

May 30 (Reuters) - Zumiez Inc (ZUMZ) reported same-store sales that trumped estimates for the ninth straight month, helped by higher sales in its mens, kids and accessories segments, sending its shares up 4 percent in after-market trading.

The company, which sells clothing and equipment for skating, snowboarding and other action sports, said same-store sales, or those at stores open at least a year, rose 13.7 percent in May.

Analysts on average had expected an increase of 6.6 percent, according to Thomson Reuters data.

Total sales in the month rose 24 percent to $37.4 million.

Shares of the Everett, Washington-based company were up 4 percent at $36.13 in extended trading. They closed at $34.77 on Wednesday on the Nasdaq. (Reporting by Ranjita Ganesan; Editing by Viraj Nair)