Zumiez records record Q1, 50 stores on tap for 2012

Everett, Wash. -- Action sports retailer Zumiez Inc. reported Thursday that profit surged 140% to $4.5 million for the quarter ended April 28, compared with $1.9 million for the year-ago period. Revenue rose 22.7% to $129.9 million from $105.9 million, and same-store sales climbed 12.9%. The company said it plans to open 50 stores in fiscal 2012, including up to 10 locations in Canada.