Zumiez posts 1.2 percent gain in key sales metric

Key sales figure rises 1.2 percent at Zumiez, retailer of sports-related apparel

Associated Press

LYNNWOOD, Wash. (AP) -- Sports clothing and shoe retailer Zumiez Inc. said Wednesday that revenue at stores open at least a year rose 1.2 percent in the four weeks that ended Saturday.

That metric is a closely watched indicator of strength in retailing because it filters out the effect of adding or closing stores. Analysts polled by Thomson Reuters expected a 1.7 percent gain.

Total sales in the four weeks rose 10.4 percent to $46.3 million.

On a recorded call, a company executive said stores rang up more transactions, on average, but shoppers spent less per purchase. Among the strongest categories were accessories, shoes and juniors, while men's and boys' were down.

The company has more than 500 stores that sell items for skateboarding, snowboarding, surfing and other sports.

Shares of Zumiez fell 27 cents to close at $29.19. They are up 50 percent in 2013.

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