Reuters: Global Markets: Zumiez revenue misses estimates as same-store sales growth slows

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Zumiez revenue misses estimates as same-store sales growth slows Nov 29th 2012, 22:08 Thu Nov 29, 2012 4:24pm EST (Reuters) - Teen-focused retailer Zumiez Inc (ZUMZ.O) reported a drop in third-quarter profit, hurt by weak sales in Europe. Shares of the company fell as much as 11 percent in after market trading. They closed at $20.75 on the Nasdaq on Thursday. Net income fell to $12.7 million, or 40 cents per share, from $14.1 million, or 45 cents per share, a year earlier. Net sales rose 16.9 percent to $180.0 million.

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