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Zumiez's May same-store sales top estimates
May 30, 2012 / 8:33 PM / 5 years ago

Zumiez's May same-store sales top estimates

(Reuters) - Zumiez Inc (ZUMZ.O) 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

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