Shoppers are flocking to stores and online for streetwear, accessories and skate goods.
The skate brand’s marketing push has big festival aspirations fueling it.
Zumiez beat analyst estimates for earnings in the second quarter and acquired Australian retailer Fast Times Skateboarding.
Cholo Attitude: The distinctive L.A. street culture has influenced a variety of West Coast labels.
Stocks are off to a quiet start as Sally Beauty and HSN get hammered, while Zumiez is beginning to see a recovery.
A good jobs report lifted stocks higher as investors were pleased with Zumiez June sales, but disappointed with L Brands.
Of the remaining retailers that report their June sales, only L Brands managed to deliver a positive number.
April same store sales from L Brands, Cato, Buckle and Zumiez were lower than expected.
An early Easter helped retailers with their March same-store sales, but most are struggling to compete with last year’s sales.
Stocks jumped on higher oil prices as Zumiez tanked and Ulta shined.
Investors sent the retailer’s stock down in after-hours trading after the company announced current quarter guidance that fell short of analyst expectations.
January same store sales were hit by the snow storm as many retailers reported declines.
Retailers got a double-whammy in January, according to a same-store sales preview by Thomson Reuters.
Retailers reported mixed holiday sales as stocks experience a global selloff.
December sales weren’t as bad as expected for the action sports and streetwear retailer, though it still recorded a same-store sales decline.