Benzinga | Sep 10, 2021 06:49AM EDT

Zumiez Clocks 7.3% Revenue Growth In Q2

* Zumiez Inc (NASDAQ:ZUMZ) reported second-quarter FY21 sales growth of 7.3% year-on-year and 17.6% against Q2 FY19, to $268.7 million.

* Gross profit for the quarter rose 15.5% Y/Y to $104.9 million, with the margin expanding 280 basis points to 39.1%.

* The operating margin was 11.9%, and operating income for the quarter fell 3.5% to $31.9 million.

* Zumiez held $412 million in cash and equivalents as of July 31, 2021.

* Net cash provided by operating activities for the six months totaled $52.1 million.

* EPS of $0.94 fell 6.9% Y/Y.

* Zumiez's total third quarter-to-date total sales for the 37 days ending September 6, 2021, increased 23.2% Y/Y. Total comparable sales for the 37-day period were up 10.5%.

* Zumiez noted operating conditions remain volatile.

* Price Action: ZUMZ shares closed higher by 3.26% at $39.60 on Thursday.