Zumiez Q2 net sales $268.7M (+7.3% YoY); diluted EPS $0.94; litigation charge $0.08/share

Zumiez Inc

2021-Q2 EPS reported $1.96 revenue$547,735,000

Net sales $268.7M, up 7.3% YoY; net income $24.0M ($0.94 diluted EPS) vs $25.4M ($1.01) last year.
Q2 EPS includes $0.08/share negative impact ($2.8M) from California class action settlement.
Q3-to-date (37 days) total sales +23.2% YoY; comparable sales +10.5% YoY; +5.4% vs 2019.
Repurchased 0.2M shares in Q2 at avg $44.21; additional 0.5M in Q3-to-date at avg $41.62.
No forward guidance provided due to uncertainty; cash/marketable securities $412M.

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