Zumiez, Inc. (ZUMZ) Tops Q1 EPS by 3c, Comps Fall 7.5%

Zumiez, Inc. (NASDAQ: ZUMZ) reported Q1 EPS of ($0.08), $0.03 better than the analyst estimate of ($0.11). Revenue for the quarter came in at $173 million versus the consensus estimate of $172.42 million.

• Comparable sales for the thirteen weeks ended April 30, 2016 decreased 7.5% compared to a comparable sales increase of 3.0% in the first quarter of 2015.

GUIDANCE:

Zumiez, Inc. sees Q2 2016 EPS of ($0.09)-($0.13), versus the consensus of $0.05. Zumiez, Inc. sees Q2 2016 revenue of $172-176 million, versus the consensus of $181.27 million.

• This guidance is based on an anticipated comparable sales decrease in the 6% to 8% range for the second quarter of fiscal 2016.

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

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