Zumiez Inc. Announces Fiscal 2020 First Quarter Results

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Go back to Zumiez Inc. Announces Fiscal 2020 First Quarter Results

Zumiez, Inc. (ZUMZ) Misses Q1 EPS by 43c, Revenues Miss; Provides Store Re-Opening Update

June 4, 2020 4:14 PM EDT

Zumiez, Inc. (NASDAQ: ZUMZ) reported Q1 EPS of ($0.84), $0.43 worse than the analyst estimate of ($0.41). Revenue for the quarter came in at $137.8 million versus the consensus estimate of $152.12 million.

We came into fiscal 2020 in a strong financial position and the new year was off to a good start with first quarter sales and earnings tracking ahead of expectations through early-March, commented Rick Brooks, Chief Executive Officer of Zumiez Inc. Following the outbreak of COVID-19 we closed all of our stores in accordance with state and local guidelines to protect the health and safety of our... More