William Blair Upgrades Zumiez, Inc. (ZUMZ) to Outperform
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Stifel Raises Price Target on Zumiez, Inc. (ZUMZ) to $18 Following Comp Sales Report
October 6, 2016 10:04 AM EDTStifel reiterated a Hold rating on Zumiez, Inc. (NASDAQ: ZUMZ), and raised the price target to $18.00 (from $17.00), following the company's September comparable sales report. Comp sales increased 6.3%, better than the consensus estimate of 2%. Management provided an improved outlook for 3Q, given the... More
Wedbush Raises Price Target on Zumiez, Inc. (ZUMZ) to $18; Reiterates Neutral
October 6, 2016 7:58 AM EDTWedbush reiterated a Neutral rating on Zumiez, Inc. (NASDAQ: ZUMZ), and raised the price target to $18.00 (from $15.00), as September sales come in better than expected. ZUMZ reported sales up 6.3% versus consensus expectations for a 1% decline. Positive sales were driven by mens, accessories, and juniors. 3Q sales were guided up to $216- $217 million up from $209-$213 million (versus consensus of... More
Zumiez, Inc. (ZUMZ) Comps Increased 6.3% in Sept.; Raises Q3 Guidance
October 5, 2016 4:02 PM EDTZumiez Inc. (NASDAQ: ZUMZ) announced that total net sales for the five-week period ended October 1, 2016 increased 11.5% to $75.0 million, compared to $67.3 million for the five-week period ended October 3, 2015. The Company's comparable sales increased 6.3% for the five-week period compared to a comparable sales decrease of... More
