Zumiez (NASDAQ:ZUMZ) Updates Q4 Earnings Guidance

by · The Markets Daily

Zumiez (NASDAQ:ZUMZ – Get Free Report) issued an update on its fourth quarter earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of $0.72-0.77 for the period, compared to the consensus estimate of $0.88. The company issued revenue guidance of $275-277 million, compared to the consensus revenue estimate of $285.49 million.

Zumiez Trading Down 0.4 %

ZUMZ stock opened at $18.81 on Monday. The stock has a 50-day moving average price of $20.79 and a two-hundred day moving average price of $22.37. Zumiez has a 1 year low of $12.90 and a 1 year high of $31.37. The stock has a market cap of $360.64 million, a PE ratio of -7.32 and a beta of 1.26.

Zumiez (NASDAQ:ZUMZ – Get Free Report) last posted its quarterly earnings data on Thursday, December 5th. The apparel and footwear maker reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.02 by $0.04. Zumiez had a negative return on equity of 2.67% and a negative net margin of 5.60%. The business had revenue of $222.50 million during the quarter, compared to the consensus estimate of $222.06 million. During the same period last year, the company earned ($0.12) earnings per share. Zumiez’s quarterly revenue was up 2.9% on a year-over-year basis. On average, analysts forecast that Zumiez will post 0.01 earnings per share for the current fiscal year.

About Zumiez

(Get Free Report)

Zumiez Inc operates as a specialty retailer of apparel, footwear, accessories, and hardgoods for young men and women. The company provides hardgoods, including skateboards, snowboards, bindings, components, and other equipment. It operates stores in the United States, Canada, Europe, and Australia under the names of Zumiez, Blue Tomato, and Fast Times.

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