Oppenheimer Downgrades Zulily, Inc (ZU) to Perform

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Go back to Oppenheimer Downgrades Zulily, Inc (ZU) to Perform

zulily Announces First Quarter 2015 Results

May 5, 2015 4:30 PM EDT

Q1 Net Sales Increased 29% year over year to $306.6 million

Q1 Gross Margin Increased year over year to 30.1%

Q1 Non-GAAP Adjusted EBITDA of $4.4 million

Q1 Non-GAAP Diluted Net Income per Share of $0.01

SEATTLE, May 5, 2015 (GLOBE NEWSWIRE) -- zulily, inc. (Nasdaq: ZU), a leading online retailer, today reported financial results for its first quarter ended March 29, 2015.

Financial Highlights

First Quarter 2015 net sales increased to $306.6 million, up 29% year over year. First Quarter 2015 gross profit... More