Zumiez, the retailer of action sports related apparel, footwear and equipment, yesterday (22 August) said it had nearly doubled its second quarter profit and raised its full-year guidance.

Net income for the quarter was up 94% to $3.1m or $0.11 per diluted share, from $1.6m or $0.06 per diluted share in the second quarter of last year.

Total net sales for the second quarter increased by 47.0% to $82.0m, from $55.8m, while same-store sales were up by 11.6%.

The company posted net income of $4.7m or $0.16 per diluted share in the first six months, compared with $2.8m or $0.10 in the prior year period. Total net sales in the first half rose by 45.6% to $150.8m.

Rick Brooks, president and CEO of Zumiez, said: "We remain on track to open 50 new stores in fiscal 2007 and continue to believe that we can eventually operate 800 Zumiez stores in the US."

Given the stronger than planned results in the first half of the year, the company is increasing its guidance for fiscal 2007 to $0.97 to $0.99 per diluted share, up from earlier guidance of $0.94 to $0.96 in diluted earnings per share.