UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): February 7, 2007
ZUMIEZ INC.
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(Exact Name of Registrant as Specified in Its Charter)
Washington
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(State or Other Jurisdiction of Incorporation)
000-51300 91-1040022
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(Commission File Number) (IRS Employer Identification No.)
6300 Merrill Creek Parkway, Suite B, Everett, Washington 98203
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(Address of Principal Executive Offices) (Zip Code)
(425) 551-1500
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(Registrant's Telephone Number, Including Area Code)
Not Applicable
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(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
|_| Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) Departure of Officer
On February 7, 2007, Zumiez Inc. (the "Company") announced that Brenda
Morris will cease to serve as the Company's Chief Financial Officer effective as
of early April, 2007.
Item 7.01. Regulation FD Disclosure.
On February 7, 2007, the Company issued a press release announcing January
2007 sales results (the "Sales Press Release"), a copy of which is attached
hereto as Exhibit 99.1 and the contents of which are incorporated herein by this
reference.
On February 7, 2007, the Company issued a press release announcing the
departure of the Company's Chief Financial Officer (the "CFO Press Release"), a
copy of which is attached hereto as Exhibit 99.2 and the contents of which are
incorporated herein by this reference
In accordance with General Instruction B.2. of Form 8-K, the information
contained in the Sales Press Release and the CFO Press Release shall not be
deemed "Filed" for purposes of Section 18 of the Securities Exchange Act of
1934, as amended, or otherwise subject to the liabilities of that section, nor
shall such press releases be deemed incorporated by reference in any filing
under the Securities Act of 1933, as amended, except as shall be expressly set
forth by specific reference in such a filing. This report will not be deemed a
determination or an admission as to the materiality of any information in the
report that is required to be disclosed solely by Regulation FD.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
99.1. Press Release of Zumiez Inc., dated February 7, 2007.
99.2. Press Release of Zumiez Inc., dated February 7, 2007.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
ZUMIEZ INC.
(Registrant)
Date: February 7, 2007 By: /s/ Richard M. Brooks
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Richard M. Brooks
President and Chief Executive Officer
Exhibit 99.1
Zumiez Inc. Reports January 2007 Sales Results
Net Sales Increased to $23.4 Million
January 2007 Comparable Store Sales Increased 13.0%, for the
five-week comparable period
EVERETT, Wash.--(BUSINESS WIRE)--Feb. 7, 2007--Zumiez Inc.
(NASDAQ: ZUMZ) a leading specialty retailer of action sports related
apparel, footwear, equipment and accessories, today announced that
total net sales for the five-week period ended February 3, 2007
increased 81.4% to $23.4 million, compared to $12.9 million for the
four-week period ended January 28, 2006.
On a five-week basis, for the period ended February 3, 2007, total
net sales were $23.4 million, an increase of 43.3% over total net
sales of $16.3 million for the five-week period ended February 4,
2006. The company's comparable store sales increased 13.0%, for the
five-week comparable period, versus a comparable store sales increase
of 24.3% for the previous year's five-week period.
To hear the Zumiez prerecorded January sales message, please dial
(877) 519-4471 or (973) 341-3080, followed by the conference
identification number #6130350.
About Zumiez Inc.
Zumiez is a leading specialty retailer of action sports related
apparel, footwear, equipment and accessories. Our stores cater to
young men and women between ages 12-24, focusing on skateboarding,
surfing, snowboarding, motocross and BMX. We currently operate 235
stores, which are primarily located in shopping malls and our web site
address is www.zumiez.com.
CONTACT: Zumiez Inc.
Brenda Morris
Chief Financial Officer
425-551-1564
or
Investor:
Integrated Corporate Relations
Chad Jacobs/David Griffith
203-682-8200
Exhibit 99.2
Zumiez Inc. Announces the Departure of Brenda Morris from the Company
EVERETT, Wash.--(BUSINESS WIRE)--Feb. 7, 2007--Zumiez Inc.
(NASDAQ: ZUMZ) announced today that Brenda Morris, Chief Financial
Officer, will be leaving the company for personal reasons, effective
early April 2007. The Company has begun the search process for Ms.
Morris' successor.
Rick Brooks, President and Chief Executive Officer of Zumiez Inc.,
stated, "As Chief Financial Officer, Brenda's leadership, hard work
and dedication throughout her time at Zumiez has been integral to the
growth and success of our Company over the past few years. We wish her
all the best in her future endeavors, and while we are sorry to see
her leave, we are fortunate to have a strong financial team of
qualified individuals and are confident in their ability to ensure a
smooth transition over the coming months."
Brenda Morris, Chief Financial Officer of Zumiez, added, "I am sad
to leave the great team and operations at Zumiez, but I am choosing an
opportunity to be closer to my family, which I am excited about. I
plan to stay with the company through early April so that we can
assure an orderly transition of the CFO function. I look forward to
watching the ongoing success of the company as a shareholder and
friend to everyone at Zumiez."
About Zumiez Inc.
Zumiez is a leading specialty retailer of action sports related
apparel, footwear, equipment and accessories. Our stores cater to
young men and women between ages 12-24, focusing on skateboarding,
surfing, snowboarding, motocross and BMX. We currently operate 235
stores, which are primarily located in shopping malls and our web site
address is www.zumiez.com.
Safe Harbor Statement
Certain statements in this press release and oral statements
relating thereto made from time to time by representatives of the
company may constitute forward-looking statements for purposes of the
safe harbor provisions under the Private Securities Litigation Reform
Act of 1995. These statements include, without limitation, predictions
and guidance relating to the company's future financial performance,
integration of acquired businesses, growing customer demand for our
products and new store openings. In some cases, you can identify
forward-looking statements by terminology such as, "may," "should,"
"expects," "plans," "anticipates," "believes," "estimates,"
"predicts," "potential," "continue," or the negative of these terms or
other comparable terminology. These forward-looking statements are
based on management's current expectations but they involve a number
of risks and uncertainties. Actual results and the timing of events
could differ materially from those anticipated in the forward-looking
statements as a result of risks and uncertainties, which include,
without limitation, those described under the heading Risk Factors in
the company's quarterly report on Form 10-Q for the quarterly period
ended October 28, 2006 as filed with the Securities and Exchange
Commission and available at www.sec.gov. You are urged to consider
these factors carefully in evaluating the forward-looking statements
herein and are cautioned not to place undue reliance on such
forward-looking statements, which are qualified in their entirety by
this cautionary statement. The forward-looking statements speak only
as of the date on which they are made and the company undertakes no
obligation to publicly update such forward-looking statements to
reflect subsequent events or circumstances.
CONTACT: Zumiez Inc.
Brenda Morris
Chief Financial Officer
425-551-1564
or
Investor:
Integrated Corporate Relations
Chad Jacobs/David Griffith
203-682-8200