Same store sales at Zumiez were down 20.7 percent in May as net sales fell 9.6 percent according to a story on Reuters.
“For the month, all departments posted a decline in same-store sales,” finance chief Trevor Lang said on a pre-recorded call. . . The company, which is a retailer of action sports-related apparel, footwear, equipment and accessories, said total net sales fell 9.6 percent to about $23.5 million for the four-week period ended May 30.
Guess we haven’t reached the basement yet.
[Link: Reuters]