Zumiez (NASDAQ:ZUMZ) Releases Q4 Earnings Guidance

Zumiez (NASDAQ:ZUMZ) issued an update on its fourth quarter earnings guidance on Monday morning. The company provided earnings per share guidance of $0.72-0.77 for the period, compared to the consensus earnings per share 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. Zumiez has a 1-year low of $12.90 and a 1-year high of $31.37. The business’s 50 day moving average is $20.79 and its 200-day moving average is $22.37. The firm has a market cap of $360.64 million, a P/E ratio of -7.32 and a beta of 1.26.

Zumiez (NASDAQ:ZUMZ) last released its quarterly earnings data on Thursday, December 5th. The apparel and footwear maker reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm had revenue of $222.50 million during the quarter, compared to analyst estimates of $222.06 million. During the same period in the prior year, the company posted ($0.12) earnings per share. The business’s revenue for the quarter was up 2.9% compared to the same quarter last year. Sell-side analysts forecast that Zumiez will post 0.01 EPS for the current year.

About Zumiez

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.