* May net sales fall 9.6 pct to $23.5 mln
* Analysts expected same-stores sales fall of 20.2 pct
June 3 (Reuters) - Snowboarding gear retailer Zumiez Inc posted a worse-than-expected 20.7 percent drop in May same-store sales, hurt by lower transactions.
Analysts on average were expecting same-store sales to fall 20.2 percent, according to Thomson Reuters Estimates.
'For the month, all departments posted a decline in same-store sales,' finance chief Trevor Lang said on a pre-recorded call.
The company, which is a retailer of action sports-related apparel, footwear, equipment and accessories, said total net sales fell 9.6 percent to about $23.5 million for the four-week period ended May 30.
Shares of the Everett, Washington-based Zumiez closed at $9.88 Wednesday on Nasdaq.
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(Reporting by Renju Jose in Bangalore; Editing by Deepak Kannan) Keywords: ZUMIEZ/ (renju.jose@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 4135 5800; Reuters messaging: renju.jose.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Analysts expected same-stores sales fall of 20.2 pct
June 3 (Reuters) - Snowboarding gear retailer Zumiez Inc posted a worse-than-expected 20.7 percent drop in May same-store sales, hurt by lower transactions.
Analysts on average were expecting same-store sales to fall 20.2 percent, according to Thomson Reuters Estimates.
'For the month, all departments posted a decline in same-store sales,' finance chief Trevor Lang said on a pre-recorded call.
The company, which is a retailer of action sports-related apparel, footwear, equipment and accessories, said total net sales fell 9.6 percent to about $23.5 million for the four-week period ended May 30.
Shares of the Everett, Washington-based Zumiez closed at $9.88 Wednesday on Nasdaq.
For related alerts double click
(Reporting by Renju Jose in Bangalore; Editing by Deepak Kannan) Keywords: ZUMIEZ/ (renju.jose@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 4135 5800; Reuters messaging: renju.jose.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
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