Zumiez, Inc. (ZUMZ) Tops Q4 EPS by 8c; Warns for Q1
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Zumiez Inc. Announces Fiscal 2016 Fourth Quarter and Full Year Results
March 9, 2017 4:05 PM ESTLYNNWOOD, WA -- (Marketwired) -- 03/09/17 -- Zumiez Inc. (NASDAQ: ZUMZ) today reported results for the fourth quarter and fiscal year ended January 28, 2017.
Total net sales for the fourth quarter ended January 28, 2017 (13 weeks) increased 8.7% to $263.6 million from $242.4 million in the quarter ended January 30, 2016 (13 weeks). Comparable sales for the 13-week period ended January 28, 2017 increased 5.1% compared to a 9.5% decrease for the 13-week period ended January 30, 2016. Net income in the fourth quarter of fiscal 2016 increased 38.3% to $18.2 million, or $0.74 per diluted share, from net income of $13.1 million, or $0.50 per diluted share, in the fourth quarter of fiscal 2015. The results... More
