The action sports fashion retail story continues to be grim, but not as grim as analysts had predicted at Zumiez. Today the mall store reported that April sales were only down 13.8 percent versus last year.
Analysts, on average, had expected the same-store sales to fall 14.1%, according to Thomson Reuters. Total net sales for the four-week period ended May 2 decreased 1.7% to $23.8 million, said the specialty apparel retailer.
Not too bad, really.
[Link: Marketwatch.com]
