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): November 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 7.01. Regulation FD Disclosure.
On November 7, 2007, Zumiez Inc. issued a press release (the "Press
Release"), a copy of which is attached hereto as Exhibit 99.1 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 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 it 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 November 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: November 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 October 2007 Sales Results
October 2007 Comparable Store Sales Increased 5.1%
Net Sales Increased 24.6% to $24.7 Million
Announces Preliminary Third Quarter Earnings to Be In the Range of
$0.27 to $0.28 Per Share and Updates Full Year Earnings Guidance
EVERETT, Wash.--(BUSINESS WIRE)--Nov. 7, 2007--Zumiez Inc.
(NASDAQ: ZUMZ) a leading specialty retailer of action sports related
apparel, footwear, equipment and accessories, today announced the
company's comparable store sales increased 5.1% for the four-week
period ended November 3, 2007, versus a comparable store sales
increase of 15.9% in the year ago period ended October 28, 2006. Total
net sales for the four-week period ended November 3, 2007 increased
24.6% to $24.7 million, compared to $19.9 million for the four-week
period ended October 28, 2006.
For the third fiscal quarter ended November 3, 2007, the company
expects to report diluted earnings per share in the range of $0.27 to
$0.28 per share, versus diluted earnings per share of $0.24 in the
third quarter last year. Zumiez will be reporting its fiscal third
quarter earnings on November 29, 2007. The company is taking a more
conservative outlook for the remainder of fiscal 2007 due to the
reliance on seasonal merchandise in the fourth quarter. The company
now expects full year fiscal 2007 earnings per diluted share to be in
the range of $0.92 to $0.94 compared to fiscal 2006 earnings of $0.73
per diluted share.
To hear the Zumiez prerecorded October 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 283
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,
brand and product category diversity, ability to adjust product mix,
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 in the company's quarterly report
on Form 10-Q for the quarter ended August 4, 2007 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: Company:
Zumiez Inc.
Trevor Lang, 425-551-1500 ext. 1564
Chief Financial Officer
or
Investor:
Integrated Corporate Relations
David Griffith/Chad Jacobs, 203-682-8200