UPDATE: Zumiez, Inc. (ZUMZ) Tops Q2 EPS by 5c; Guides Q3 EPS Below Views
Get Alerts ZUMZ Hot Sheet
EPS Growth %: -17.7%
Financial Fact:
Basic earnings (loss) per share: 0.44
Today's EPS Names:
CPSS, HARL, MCET, More
Join SI Premium – FREE
Zumiez, Inc. (NASDAQ: ZUMZ) reported Q2 EPS of ($0.03), $0.05 better than the analyst estimate of ($0.08). Revenue for the quarter came in at $178.3 million versus the consensus estimate of $177.45 million.
Comps fell 1.1 percent, versus expectations for a 0.4 percent increase.
The Company is introducing guidance for the three months ending October 29, 2016. Net sales are projected to be in the range of $209 to $213 million resulting in net income per diluted share of approximately $0.21 to $0.26. This guidance is based upon an anticipated comparable sales range of negative 2% to 0% for the third quarter of fiscal 2016. The Company currently intends to open approximately 29 new stores in fiscal 2016, including up to 6 stores in Canada and 7 stores in Europe.
*** The Street sees Q3 EPS of $0.31 with revenue of $206 million.
For earnings history and earnings-related data on Zumiez, Inc. (ZUMZ) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Equifax (EFX) shares tumble as Q2, full-year guidance falls short
- CSX reiterates FY outlook as Q1 results top estimates
- First Industrial Realty (FR) Tops Q1 EPS by 21c
Create E-mail Alert Related Categories
Earnings, Guidance, Hot Guidance, Retail SalesRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!