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 16, 2005

ZUMIEZ INC.

(Exact Name of Registrant as Specified in Its Charter)

Washington

(State or Other Jurisdiction of Incorporation)

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):

o    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02.              Results of Operations and Financial Condition.

On November 16, 2005, the Company issued a press release (the “Press Release”) reporting its financial results for the third quarter and 9 months ended October 29, 2005, 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 this report and 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.

Item 9.01.              Financial Statements and Exhibits.

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.

2

EXHIBIT 99.1

ZUMIEZ INC. ANNOUNCES RECORD FISCAL 2005

THIRD QUARTER RESULTS

Q3-05 Net Sales Increased 27.2% to $57.4 Million;

Comparable Store Sales Increased 9.8% in Third Quarter and 10.8% in First Nine Months;

Net Income Increased 52.6% in Third Quarter;

Q3-05 Diluted EPS Increased 37.0% to $0.37;

Company Raises FY-05 EPS Guidance Range to $0.84 to $0.85

Everett, WA – November 16, 2005 – Zumiez Inc. (NASDAQ: ZUMZ) today reported results for the third quarter and nine months ended October 29, 2005.

Total net sales for the third quarter (13 weeks) ended October 29, 2005 increased by 27.2% to $57.4 million from $45.1 million reported in the third quarter of the prior year.  The company posted net income for the quarter of $5.3 million or $0.37 per diluted share versus net income of $3.5 million or $0.27 per diluted share in the third quarter of the prior year.  Comparable store sales increased 9.8% for the third quarter of fiscal 2005 compared to 9.0% in the third quarter of fiscal 2004.

Total net sales for the first nine months (39 week period) of fiscal 2005 increased by 29.4% to $130.2 million from $100.6 million reported in the first nine months of the prior year.  The company posted net income of $6.1 million or $0.45 per diluted share in the first nine months of 2005 versus $3.0 million or $0.23 per diluted share in the prior year.  Comparable store sales increased 10.8% for the first nine months of fiscal 2005 compared to 8.2% for the first nine months of fiscal 2004.

Rick Brooks, President and Chief Executive Officer of Zumiez Inc., stated, “Our results for the third quarter, which exceeded expectations, were fueled by comparable store sales gains and improved leverage on our sales growth.  Our positive momentum continues and we believe that we are well-positioned from a merchandising perspective as we head into the all important holiday selling season. ”

Mr. Brooks continued, “Despite a challenging retail environment, we’ve successfully executed our expansion plan which generated record results.  Our performance underscores the strength of our team, the diversity of our brands and the compelling nature of our concept.”

For fiscal 2005, the company plans to open 35 new stores.  In the first nine months of fiscal 2005, Zumiez opened 25 new stores and remains on plan for its store openings for the remainder of the year.

Mr. Brooks concluded, “We believe Zumiez has created an important niche in the marketplace as the destination, lifestyle retailer for the action sports consumer.  The engaging, interactive feel of our stores, our broad range of products and unique brand offerings, and our well-informed, enthusiastic staff have reinforced this competitive edge.  We remain confident that we have the opportunity to significantly expand our store base and we remain focused on further building our leadership position in the industry.”

On November 8, 2005, a secondary public offering of shares of the company’s common stock by certain of its shareholders was priced at $35.60 per share.  The offering consisted of 2,731,250 shares of common stock, including 356,250 shares that were subject to the underwriters’ over-allotment option.  All of the shares were sold by shareholders of Zumiez and, as a result, Zumiez did not receive any of the proceeds from the offering.

2005 Outlook

The company stated that it now expects diluted earnings per share to range from $0.84 to $0.85 in fiscal 2005 and that weighted average diluted shares for the year are expected to be approximately 13,700,000 shares.  This is an increase from previous guidance of diluted earnings per share of $0.80 to $0.82 and fiscal 2004 amount of $0.56 per diluted share.  The updated guidance includes estimated expenses incurred in connection with the secondary offering mentioned above.  The company also stated that it believes that its projected earnings growth rate of 30% continues to be achievable for fiscal 2006 and beyond.

In putting forth this outlook, the company reminds investors of the complexity of accurately assessing future growth given the difficulty in predicting fashion trends and consumer preferences,

boardsports popularity and participation rates, general economic conditions and the impact of other business variables and risks.

A conference call will be held today to discuss third quarter results and will be web cast at 5:00 p.m. ET on http://ir.zumiez.com.

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.  As of October 29, 2005 we operate 164 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 made from time to time by representatives of the company 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 earnings, growth rate and other metrics of financial performance, 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. Our 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, risks related to our ability to open and operate new stores successfully, our ability to anticipate, identify and respond to fashion trends and customer preferences, our dependence on mall traffic for our sales, seasonal fluctuations in our business, unseasonable weather conditions, competition, including promotional and pricing competition, changes in the availability or cost of merchandise, labor or delivery services, and other risks detailed in our filings with the Securities and Exchange Commission, including the Risk Factors contained in the final prospectus relating to the public offering of our common stock filed on November 9, 2005 pursuant to Rule 424(b) under the Securities Act of 1933, 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 made herein speak only as of the date of this press release and the company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.

ZUMIEZ INC.
CONDENSED CONSOLIDATED STATEMENT OF INCOME
(in thousands, except share and per share data)
(Unaudited)

ZUMIEZ INC.
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ZUMIEZ INC.
CONDENSED CONSOLIDATED CASH FLOWS
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