Zulily (ZU) Misses Q1 EPS by 3c; Lifts Outlook

Zulily (NASDAQ: ZU) reported Q1 EPS of ($0.02), $0.03 worse than the analyst estimate of $0.01. Revenue for the quarter came in at $238 million versus the consensus estimate of $233.58 million.

Zulily sees Q2 2014 revenue of $261-276 million, versus the consensus of $248.85 million.

Zulily sees FY2014 revenue of $1.15-1.20 billion, versus prior guidance of $1.1-1.15 billion and the consensus of $1.15 billion.

"This year has started off with strong revenue and active customer growth" said Darrell Cavens, CEO of zulily. "These results highlight that our team's efforts to deliver a diverse offering of new products every day at a great value resonates with our customers. We remain obsessed about changing the way people shop by giving them an experience they can't find elsewhere."

For earnings history and earnings-related data on Zulily (ZU) click here.

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