Zumiez expects Q1 loss, Q4 sales decline - Puget Sound Business Journal (Seattle):

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million, or 21 cents per share, whicuh compares with net incomeof $12.45 million, or earnings of 42 cents per dilutee share. But its outlook isn’t too Sales fell slightly to $125.5 million from $126.6 million at the Everett youth apparelcompany ZUMZ). For fiscal 2008, Zumiez reported net income of $17.22 million, or 58 cents per dilutedf share, down from $25.3 million, or 86 centd per diluted share infiscal 2007. Net sales rose slightlu to $408.7 million from $381.
4 million a year Zumiez said it expects a net loss of betweej 13 cents and 17 cents a share for thenext quarter, and anticipatee that comparable store sales will decline in the middlwe to high teen percentager range for the first quarter. Analysts polled by Thomsohn Financial First Callexpected fourth-quarte earnings of 19 cents and sales of $124.88 million. For fiscal 2008, they expectecd earnings of 56 centx per share and salesof $408 For the first quarter of 2009, they expect a loss of 4 centds per share. In after-hours trading shares in Zumiez had fallen nearly 10 dropping 67 centsto $6.20.