Zumiez posts 8.9 percent drop in sales at stores open a year or more; off 13.6 percent in 2009

Nov 4th, 2009 - baltimoresun

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EVERATT, Wash. (AP) - Sports apparel and equipment retailer Zumiez Inc. on Wednesday said sales at stores open at least a year fell 8.9 percent in October.

Analysts surveyed by Thomson Reuters forecast sales to drop 6.7 percent for the month.

The figure is a key indicator of a retailers' health, because it measures growth at existing stores, rather than from expansion.

Footwear was the only department that showed an increase, the company said in a recorded message.

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