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Zumiez Announces Record Fiscal 2021 First Quarter Results

Net sales for the first quarter ended May 1, 2021, increased 102.6% to $279.1 million from $137.8 million in the first quarter last year. Net income in the first quarter of fiscal 2021 was $26.4 million, compared to a net loss of $21.1 million, in the first quarter of the prior fiscal year. Zumiez had cash and current marketable securities of $400.4 million compared to cash and current marketable securities of $217.2 million on May 2, 2020. The increase in cash and current marketable…