Zumiez (ZUMZ) PT, Estimates Cut at Piper Jaffray Post Q3

Go back to Zumiez (ZUMZ) PT, Estimates Cut at Piper Jaffray Post Q3

Zumiez (ZUMZ) Numbers Slashed at Jefferies Following Q3 Results; Sees 'Tough Sledding Ahead'

December 4, 2015 8:35 AM EST

Jefferies analyst, Randal J. Konik, cut his price target from $24 to $15 citing a lack of catalysts for Zumiez, Inc. (NASDAQ: ZUMZ) to turn its business around. Cost management can only go so far and until tough comps anniversary, the stock has little opportunity to break the trend.

Top-line trends have continued to decelerate. Following disappointing results over the last two quarters, comps dropped off further in November, leading management to... More

After-Hours Stock Movers 12/03: (KBIO) (FIVE) (TRVN) Higher; (ZUMZ) (BKS) (COO) Lower (more...)

December 3, 2015 5:59 PM EST

KaloBios Pharma (NASDAQ: KBIO) 33.8% HIGHER; announced that it has signed an agreement to acquire a benznidazole program for the treatment of Chagas Disease from Savant Neglected Diseases, LLC, a privately-held specialty pharmaceutical company. Under the terms of the agreement, KaloBios will pay an upfront payment of $2 million, plus regulatory milestones and a royalty based on product sales. The transaction is expected to close in the coming weeks. Also announced it has entered definitive agreements with institutional and accredited investors in connection with a private placement, or PIPE... More

Zumiez, Inc. (ZUMZ) Announces Additional $70M Stock Buyback

December 3, 2015 4:18 PM EST

In addition to earnings, Zumiez, Inc. (NASDAQ: ZUMZ) announced that the Board of Directors of Zumiez Inc. has authorized the repurchase of up to an additional $70 million of its Common Stock.

... More

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

December 3, 2015 4:06 PM EST

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... More

Zumiez, Inc. (ZUMZ) halted with news pending

December 3, 2015 4:00 PM EST

Zumiez, Inc. (NASDAQ: ZUMZ) halted with news pending.

... More

U.S. November retail same-store sales estimates: Poll

December 2, 2015 6:12 PM EST

(Reuters) - The following table lists select U.S. retailers that will on Thursday report November sales at stores open at least a year, a key retail measure also known as same-store sales.

The table has the range of analyst estimates, the mean of these estimates and the... More

Trading Radar for 12/3: Kroger (KR), Express (EXPR), Dollar General (DG), Ambarella (AMBA) Report

December 2, 2015 2:41 PM EST

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
7:00am EST

Challenger Job Cuts - no Street consensus

8:30am EST

Initial Claims - Street sees 267kContinuing Claims - Street sees 2.177M

Earnings:

Canadian Imperial Bank (NYSE:... More