We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Zumiez Inc. (ZUMZ - Free Report) just released its third-quarter financial results, posting earnings of $0.48 per share and revenues of $245.8 million. Currently, Zumiez is a Zacks Rank #2 (Buy) and is down 7.11% to $22.25 per share in after-hours trading shortly after its earnings report was released.
ZUMZ:
Matched earnings estimates. The company posted earnings of $0.48 per share, matching our earnings estimates of $0.48 per share.
Beat revenue estimates. The company saw revenue figures of $245.8 million, topping our consensus estimate of $242.88 million.
Zumiez third-quarter revenues popped 11% year-over-year. The chain’s comparable sales jumped 7.9% year-over-year. The company also posted net income of $11.9 million.
Zumiez now expects Q4 sales in the range of $291 million to $297 million. The company also projects EPS to range between $0.78 and $0.84.
Here’s a graph that looks at ZUMZ’s Price, Consensus and EPS Surprise history:
Zumiez is a leading specialty retailer of apparel, footwear, accessories and hardgoods for young men and women who want to express their individuality through the fashion, music, art and culture of action sports, streetwear, and other unique lifestyles.
Check back later for our full analysis on ZUMZ’s earnings report!
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
Image: Bigstock
Zumiez (ZUMZ) Matches Q3 Earnings Estimates, Shares Sink
Zumiez Inc. (ZUMZ - Free Report) just released its third-quarter financial results, posting earnings of $0.48 per share and revenues of $245.8 million. Currently, Zumiez is a Zacks Rank #2 (Buy) and is down 7.11% to $22.25 per share in after-hours trading shortly after its earnings report was released.
ZUMZ:
Matched earnings estimates. The company posted earnings of $0.48 per share, matching our earnings estimates of $0.48 per share.
Beat revenue estimates. The company saw revenue figures of $245.8 million, topping our consensus estimate of $242.88 million.
Zumiez third-quarter revenues popped 11% year-over-year. The chain’s comparable sales jumped 7.9% year-over-year. The company also posted net income of $11.9 million.
Zumiez now expects Q4 sales in the range of $291 million to $297 million. The company also projects EPS to range between $0.78 and $0.84.
Here’s a graph that looks at ZUMZ’s Price, Consensus and EPS Surprise history:
Zumiez Inc. Price, Consensus and EPS Surprise
Zumiez Inc. Price, Consensus and EPS Surprise | Zumiez Inc. Quote
Zumiez is a leading specialty retailer of apparel, footwear, accessories and hardgoods for young men and women who want to express their individuality through the fashion, music, art and culture of action sports, streetwear, and other unique lifestyles.
Check back later for our full analysis on ZUMZ’s earnings report!
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>