JUMP REPORT
Avg Daily Volume: 396,553 Market Cap: 571.76M
Sector: Services Short Interest: 17.91
EARNINGS EXPECTATIONS:
THIS QTR: EPS: -.09/share REV: 206.03/M
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LAST QTR: EPS: 1.11/share ACTUAL: 1.18/share (BEAT)
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NEXT QTR: EPS: .20/share REV: 233.58/M
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FY19: EPS: 1.85/share REV: 1,000/M
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*These are the base metrics we will be watching against the actual release numbers
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BEAT/MISS HISTORY: 72% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (3 QTRS %) -7.09, -7.84, -5.48
POTENTIAL JUMP MOVE: 7-8%
Links To Latest News and Headlines
Zumiez (ZUMZ) delivered earnings and revenue surprises of 29.41% and 1.39%, respectively, for the quarter ended October 2023. Do the numbers hold clues to what lies ahead for the stock?
Net Sales Drop by 8.9% and Company Posts Net Loss in Fiscal 2023 Third Quarter
Clothing and footwear retailer Zumiez (NASDAQ:ZUMZ) reported results ahead of analysts’ expectations in Q3 FY2023, with revenue down 8.9% year on year to $216.3 million. Guidance for next quarter’s revenue was also optimistic at $278 million at the midpoint, 5.5% above analysts’ estimates. It made a GAAP loss of $0.12 per share, down from its profit of $0.36 per share in the same quarter last year.
LYNNWOOD, Wash., Nov. 30, 2023 (GLOBE NEWSWIRE) — Zumiez Inc. (NASDAQ: ZUMZ) a leading specialty retailer of apparel, footwear, equipment and accessories for young men and women, today reported results for the third quarter ended October 28, 2023. Net sales for the third quarter ended October 28, 2023 (13 weeks) decreased 8.9% to $216.3 million from $237.6 million in the third quarter ended October 29, 2022 (13 weeks). Net loss in the third quarter of fiscal 2023 was $2.2 million, or $0.12 per
Clothing and footwear retailer Zumiez (NASDAQ:ZUMZ) will be announcing earnings results tomorrow afternoon. Here’s what investors should know.
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