Zumiez, Inc. (ZUMZ) Tops Q3 EPS by 7c; Guides Q4 Below Expectations

Zumiez, Inc. (NASDAQ: ZUMZ) reported Q3 EPS of $0.36, $0.07 better than the analyst estimate of $0.29. Revenue for the quarter came in at $204.3 million versus the consensus estimate of $204.03 million.

Comparable sales for the thirteen weeks ended October 31, 2015 decreased 7.3% compared with a comparable sales increase of 3.7% for the thirteen weeks ended November 1, 2014.

November 2015 Sales

Total net sales for the four-week period ended November 28, 2015 decreased 10.6% to $62.8 million, compared to $70.3 million for the four-week period ended November 29, 2014. The Company's comparable sales decreased 13.8% for the four-week period ended November 28, 2015 compared with a comparable sales increase of 6.3% for the four-week period ended November 29, 2014.

GUIDANCE:

Zumiez, Inc. sees Q4 2015 EPS of $0.40-$0.46, versus the consensus of $0.63. Zumiez, Inc. sees Q4 2015 revenue of $226-231 million, versus the consensus of $254.7 million.

For earnings history and earnings-related data on Zumiez, Inc. (ZUMZ) click here.

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