Originally published November 4, 2009 at 4:55 PM | Page modified November 5, 2009 at 7:41 AM

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Zumiez sales drop more than expected

Everett-based retailer Zumiez reported an 8. 9 percent decline in same-store sales for October, a worse drop than Wall Street expected. Same-store sales are considered a...

By Amy Martinez

Seattle Times business reporter

Everett-based retailer Zumiez reported an 8.9 percent decline in same-store sales for October, a worse drop than Wall Street expected.

Same-store sales are considered a key measure of performance because they exclude newly opened stores.

Analysts had been expecting a 6.7 percent drop in monthly same-store sales.

Zumiez had total October sales of $24.7 million, down 1.5 percent from a year ago.

The company saw same-store sales fall across all product categories except shoes, Chief Financial Officer Trevor Lang said in a prerecorded call.

The results were released after the market closed Wednesday. Zumiez stock closed Wednesday up 13 cents at $13.46.

Zumiez, which sells clothes, shoes and equipment aimed at board-sports enthusiasts, operates 378 stores.

Amy Martinez: 206-464-2923 or amartinez@seattletimes.com

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