Zumiez, Inc. (ZUMZ) Tops Q4 EPS by 8c; Warns for Q1

Zumiez, Inc. (NASDAQ: ZUMZ) reported Q4 EPS of $0.74, $0.08 better than the analyst estimate of $0.66. Revenue for the quarter came in at $263.6 million versus the consensus estimate of $260.6 million.

Fiscal 2017 First Quarter Outlook The Company is introducing guidance for the three months ending April 29, 2017. Net sales are projected to be in the range of $178 million to $182 million resulting in a net loss per share of approximately -$0.17 to -$0.21 (*** cons is $185.93M and -$0.03). This guidance is based upon anticipated comparable sales growth of between 0% and positive 2% for the first quarter of fiscal 2017 compared to the prior year. The Company currently intends to open approximately 18 new stores in fiscal 2017, including up to 3 stores in Canada, 4 stores in Europe and 2 stores in Australia.

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

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