Zumiez Shares Spike In Late-trading After October Results, Updated Guidance

Zumiez Inc. shares are up 10.1% in after-hours trading after the retailer said October sales were up 14.4% to $55.9 million. Same-store sales for the four weeks ending Oct. 31 increased 10%. The company now expects fiscal third-quarter earnings per share of 35 cents to 36 cents, up from the previous guidance of 29 cents to 30 cents. Zumiez shares are up 50.1% for the year so far while the S&P 500 Index is up 2.4% for the same period.