Zumiez Inc. just released its first-quarter financial results, posting an adjusted loss of $0.10 per share and revenues of $206.29 million.
Shares of Zumiez are up 108.20% during the last year and have popped 12.69% in the last 4 weeks. The company’s stock price climbed 1.31% on Thursday to hit $27.00 per share prior to the release of its quarterly earnings results.
Zumiez stock is currently up 8.33% to $29.25 per share in after-hours trading shortly after its earnings report was released.
Beat earnings estimates. The company posted an adjusted loss of $0.10 per share, topping the Zacks Consensus Estimate that called for a loss of $0.12 per share.
Beat revenue estimates. The company saw revenue figures of $206.29 million, beating our consensus estimate of $199.34 million.
Zumiez saw its quarterly revenues climb by roughly 14% from $181.16 million in year-ago period. Meanwhile, the retailer’s comparable sales popped 8.3%, which looks strong compared to its 1.8% comp increase in the period-year quarter.
The footwear and clothing retailer’s adjusted quarterly loss also improved from $0.18 per share during the same period of 2017.
Here’s a graph that looks at ZUMZ Price, Consensus and EPS Surprise history:
Zumiez is a specialty retailer of apparel, footwear, equipment, and accessories for young men and women.
Check back later for our full analysis on ZUMZ earnings report!
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