Wolfe Research Remains Bearish on Zumiez, Inc. (ZUMZ) Following 2Q15 Results
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Unusual 11 Mid-Day Movers 9/11: (ACET) (VVUS) (PGI) Higher; (CHKE) (ZUMZ) (EFOI) Lower
September 11, 2015 12:57 PM EDTCherokee (Nasdaq: CHKE) 34.0% LOWER; reported Q2 EPS of $0.22, $0.02 worse than the analyst estimate of $0.24. Revenue for the quarter came in at $8.5 million versus the consensus estimate of $8.62 million. Cherokee Global Brands also announced that Target Corporation has elected not to renew the license of the Cherokee brand in the US, which will expire at the end of its current term on January 31, 2017.
Zumiez, Inc. (Nasdaq: ZUMZ) 27.7% LOWER; reported Q2 EPS of $0.11, $0.01 worse than the analyst estimate of $0.12. Revenue... More
Streetinsider.com's Hot Lunchtime Reads 9/11: (WWAV) (AAPL) (ZUMZ) (COH)
September 11, 2015 12:05 PM EDTThe following is a list of notable articles to help get you through the lunch hour:WhiteWave Foods (WWAV) Takeout Still Possible, Says Bernstein; Stock Upgraded to Outperform ->... More
Zumiez (ZUMZ) Still has Solid Business Model, but Much of Good News Baked into Stock - Stifel
September 11, 2015 11:26 AM EDTStifel affirms its Hold rating on Zumiez (Nasdaq: ZUMZ) following Q2 results issued Thursday night.
Analyst Richard Jaffe noted that Zumiez's Q2 adjusted EPS of $0.12 was flat with the firm's outlook. Comp sales decreased 4.5 percent due to unappealing product assortments in the US, the analyst noted.
On... More
Pre-Open Stock Movers 09/11: (LTRE) (PGI) (ZSPH) Higher; (CHKE) (MRVL) (ZUMZ) Lower (more...)
September 11, 2015 9:35 AM EDTLearning Tree International (NASDAQ: LTRE) 70% HIGHER; Mill Road offers to buy company for $1.80/share.
Cherokee (NASDAQ: CHKE) 34.4% LOWER; reported Q2 EPS of $0.22, $0.02 worse than the analyst estimate of $0.24. Revenue for the quarter came in at $8.5 million versus the consensus estimate of $8.62 million. Cherokee Global Brands also announced that Target Corporation has elected not to renew the license of the Cherokee brand in the US, which will expire at the end of its... More
Piper Jaffray Cuts Price Target on Zumiez, Inc. (ZUMZ) Following 2Q15
September 11, 2015 8:36 AM EDTPiper Jaffray maintained a Neutral rating on Zumiez, Inc. (NASDAQ: ZUMZ), and cut the price target to $21.00 (from $25.00), following the company's 2Q15 earnings report and 3Q outlook. Management guided 3Q EPS in a range of $0.27 to $0.31.
Analyst Neely Tamminga commented, "We are... More
Wall Street climbs, S&P 500 posts best week since July
September 11, 2015 7:33 AM EDTBy Caroline Valetkevitch
(Reuters) - U.S. stocks rose on Friday and the S&P 500 posted its biggest weekly gain since July as investors weighed whether the Federal Reserve will raise interest rates next week.
Energy shares dropped, however, after Goldman Sachs cut its oil price forecast through next year.
Eight of the 10 S&P 500 sectors closed higher, led by gains in utilities , which tend to rise as bond yields fall. The index ended up 0.8 percent, while 10-year U.S. Treasury note yields dipped.
Investors are awaiting next week's Fed... More
After Hours Stocks Movers 09/10: (ACET) (ZSPH) (RH) HIGHER; (ZUMZ) (FNSR) (RUN) LOWER (more...)
September 10, 2015 6:06 PM EDTZumiez, Inc. (NASDAQ: ZUMZ) 18.6% LOWER; reported Q2 EPS of $0.11, $0.01 worse than the analyst estimate of $0.12. Revenue for the quarter came in at $179.8 million versus the consensus estimate of $180 million. The Company's comparable sales decreased 10.7% for the four-week period ended August 29, 2015 compared to a comparable sales increase of 2.0% for the four-week period ended August 30, 2014. Zumiez, Inc. sees Q3 2015 EPS of $0.27-$0.31, versus the consensus of $0.53. Zumiez, Inc. sees Q3 2015 revenue of $202-206 million, versus the consensus of $224.70 million. This guidance is based on an anticipated comparable sales decrease in the 7%... More
Zumiez, Inc. (ZUMZ) Misses Q2 EPS by 1c, Comps Down 10.7%; Q3 EPS Guidance Falls Well Short of Views
September 10, 2015 4:06 PM EDTZumiez, Inc. (NASDAQ: ZUMZ) reported Q2 EPS of $0.11, $0.01 worse than the analyst estimate of $0.12. Revenue for the quarter came in at $179.8 million versus the consensus estimate of $180 million.
The Company's comparable sales decreased 10.7% for the four-week period ended August 29, 2015 compared to a comparable... More
Trading Radar for 9/10: lululemon athletica (LULU), Restoration Hardware (RH), Finisar (FNSR), ACETO (ACET) Report
September 9, 2015 3:37 PM EDTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
8:30am EDT
