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Zumiez, which sells surf- and skate-inspired clothing and equipment, said Thursday that revenue at stores open at least a year slipped 1 percent last month. Analysts on Wall Street expected a bigger drop, and the company’s stock price rose.

Analysts, on average, predicted that revenue at stores open a year would fall 3.6 percent in December, according to Thomson Reuters.

Revenue from stores open at least a year is a key indicator of a retailer’s health because it excludes results from stores recently opened or closed.

The company, which operates 502 stores and the and online stores, said that total sales for the five weeks ending Dec. 29 jumped 15 percent to $120.3 million.

Shares of Zumiez rose $1.87 or 9.6 percent, to $21.37 in late trading Thursday.