{"id":8271,"date":"2009-05-22T07:51:56","date_gmt":"2009-05-22T14:51:56","guid":{"rendered":"http:\/\/www.boardistan.com\/?p=8271"},"modified":"2009-05-22T07:51:59","modified_gmt":"2009-05-22T14:51:59","slug":"zumiez-loses-money-q1-2009","status":"publish","type":"post","link":"http:\/\/www.boardistan.com\/?p=8271","title":{"rendered":"Zumiez Loses Money Q1 2009"},"content":{"rendered":"<p><a href=\"http:\/\/www.boardistan.com\/wp-content\/uploads\/2009\/04\/zumiez-notagline.jpg\" onclick=\"window.open('http:\/\/www.boardistan.com\/wp-content\/uploads\/2009\/04\/zumiez-notagline.jpg','popup','width=483,height=97,scrollbars=no,resizable=yes,toolbar=no,directories=no,location=no,menubar=no,status=yes,left=0,top=0');return false\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.boardistan.com\/wp-content\/uploads\/2009\/05\/zumiez-notagline-tm1.jpg\" height=\"40\" width=\"200\" border=\"1\" align=\"right\" hspace=\"4\" vspace=\"4\" alt=\"Zumiez-Notagline\" \/><\/a>No surprise. For the three months ended May 2, 2009 Seattle&#8217;s <strong><a href=\"http:\/\/www.zumiez.com\/\">Zumiez<\/a><\/strong> (the 360 store mall chain) lost $1.7 million dollars on $76.8 million in sales. But they came in ahead of &#8220;the street&#8221; for what it&#8217;s worth. Sadly, things will apparently get worse from here.<\/p>\n<blockquote><p>For the second quarter, Zumiez expects to lose 17 cents to 14 cents a share, worse than the 7 cents a share that analysts expected. . . &#8220;Consumer discretionary spending is tough,&#8221; Chief Financial Officer <strong>Trevor Lang<\/strong> said during a conference call with analysts. &#8220;Consumers are focused on really low value price points, and that doesn&#8217;t necessarily play to our strength.&#8221;<\/p><\/blockquote>\n<p>Yeah, either that or they&#8217;re more focused on buying food.<\/p>\n<p><strong>[Link: <\/strong><strong><a href=\"http:\/\/seattletimes.nwsource.com\/html\/businesstechnology\/2009248869_webzumiez21.html\" target=\"_blank\">The Seattle Times<\/a><\/strong><strong>]<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>No surprise. For the three months ended May 2, 2009 Seattle&#8217;s Zumiez (the 360 store mall chain) lost $1.7 million dollars on $76.8 million in sales. But they came in ahead of &#8220;the street&#8221; for what it&#8217;s worth. Sadly, things will apparently get worse from here. For the second quarter, Zumiez expects to lose 17 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[16,12],"tags":[],"_links":{"self":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/8271"}],"collection":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8271"}],"version-history":[{"count":1,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/8271\/revisions"}],"predecessor-version":[{"id":8272,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/8271\/revisions\/8272"}],"wp:attachment":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8271"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}