Zumiez Q4 EPS up 38% to $0.29 versus $0.21 last year
12 Mar '10
3 min read
2010 Outlook
The Company is introducing guidance for the three months ending May 1, 2010 of a net loss of approximately $0.09 to $0.11 per diluted share which includes estimated pre-tax charges $1.2 million (after-tax per diluted share of $0.03) associated with its previously disclosed plan to relocate its distribution center from Everett, Washington to Corona, California. This guidance is based on an anticipated comparable store sales increase in the mid to upper single digit range for the first quarter of fiscal 2010.
We currently intend to open approximately 25 new stores in fiscal 2010 with an opening cadence similar to fiscal 2009.
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