Zumiez (NASDAQ:ZUMZ) Updates Q1 Earnings Guidance

Zumiez (NASDAQ:ZUMZ) updated its first quarter earnings guidance on Thursday. The company provided EPS guidance of $(0.82)-$(0.72) for the period, compared to the consensus EPS estimate of ($0.63). The company issued revenue guidance of $179-183 million, compared to the consensus revenue estimate of $173.81 million.

Zumiez Stock Down 3.9 %

ZUMZ traded down $0.52 during trading on Thursday, hitting $12.78. 344,920 shares of the company’s stock were exchanged, compared to its average volume of 266,162. Zumiez has a fifty-two week low of $12.67 and a fifty-two week high of $31.37. The stock has a market cap of $245.03 million, a P/E ratio of -4.97 and a beta of 1.23. The business’s 50 day moving average is $15.71 and its two-hundred day moving average is $19.93.

Zumiez (NASDAQ:ZUMZ) last posted its earnings results on Thursday, March 13th. The apparel and footwear maker reported $0.78 earnings per share for the quarter, topping analysts’ consensus estimates of $0.76 by $0.02. The company had revenue of $279.16 million for the quarter, compared to analyst estimates of $276.47 million. Zumiez had a negative net margin of 5.60% and a negative return on equity of 2.67%. The firm’s revenue was down .9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.40 EPS. On average, sell-side analysts forecast that Zumiez will post -0.12 earnings per share 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.