Zumiez Q3 Profits Highest Ever, Others Report Strong November Sales

The headline says it all. Amidst a down economy, Zumiez has had an exceptional quarter driving same store sales up 14.4% in Q3 and 20.7% in November alone.

Some interesting points to note:

• Juniors was down slightly and remains a challenging area for Zumiez despite the strides they've made over the past year. Unlike PacSun though, Juniors only accounts for 10% of their overall business.
• Private label only accounts for 15.7%, but they intend to grow this
• They're expanding with plans to build stores in Canada and grow the total number of stores from 400 currently to 700-800 over the next few years
• Their e-commerce business increased 165% this year and now accounts for 6% of total sales

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Meanwhile, many other retailers reported healthy November sales, bolstered by Black Friday weekend sales. Of PacSun's primary competitors, Abercrombie posted the most impressive sales, while heavyweights American Eagle and Aeropostale saw flat rather flat sales. It should be noted, Forever 21 and H&M were not mentioned.

Abercrombie & Fitch (Total): +22%

Hollister: +22%

The Buckle: +7.9%

Aeropostale: -1%

American Eagle Outfitters: Flat

Gap (total): +4%

Gap: +5%

Banana Republic: flat

Old Navy: +5%

International: -1%

Wet (Total): +7%

Wet Seal: +8.3%

Arden B: -0.3%

Hot Topic (Total): -2.1%

Hot Topic: -14.5%

Torrid: +1.6%

Kohl's: +6.1%

Target: +5.5%

Macy's: +6.1%

Nordstrom: +5.1%

Dillard's: +8%