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Zumiez Jumps More Than 7% After Raising Guidance, EPS Forecast

Alexander Nicoll

Christmas came just in time for Zumiez Inc. The company raised its guidance and expects its earnings per share to increase between $1.08 and $1.10 from between $1.02 and $1.08 after the company posted strong sales numbers from the holiday season, according to a company press release. Zumiez closed up $1.62, or 7.62%, at $22.89 a share Thursday after the apparel company announced it's net sales number increased 2.9% to $164.4 million, up from the $160 million it posted a year ago in the same five-week period.