Back to top

Zumiez (ZUMZ) Tops Q1 Earnings & Revenue Estimates, Comps Up 8.3%

Read MoreHide Full Article

Zumiez Inc. (ZUMZ - Free Report) 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 Inc. Price, Consensus and EPS Surprise

Zumiez Inc. Price, Consensus and EPS Surprise | Zumiez Inc. Quote

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!

Will You Make a Fortune on the Shift to Electric Cars?

Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.

With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.

It's not the one you think.

See This Ticker Free >>

In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE:

Zumiez Inc. (ZUMZ) - free report >>

More from Zacks Stocks in the News

You May Like