Zumiez 3Q net profit in line with Wall Street forecast

Date : 11/29/2007 @ 4:54PM
Source : TFN
Stock : Zumiez Inc (ZUMZ)
Quote : 14.55  0.31 (2.18%) @ 8:00PM
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Zumiez 3Q net profit in line with Wall Street forecast

        SAN FRANCISCO (Thomson Financial) - Zumiez Inc. late Thursday said
third-quarter net income rose to $8.15 million, or 28 cents a share, from $6.83
million, or 24 cents a share, in the year-ago period.
    Net sales for the quarter ended Nov. 3 totaled $104 million, up 26.5% from
$82.3 million a year ago.
    The mean estimate of analysts polled by Thomson Financial was for a
per-share profit of 28 cents on sales of $103.8 million.
    The company reaffirmed its fiscal 2007 earnings forecast of 92 cents to 94
cents a share.
    Shares of the Everett, Wash.-based sports-related clothing retailer closed
the regular session down $1.37 at $27.10.
Brigid Gaffikin
bg/gm

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