Zumiez (NASDAQ:ZUMZ) Issues Q1 Earnings Guidance

Zumiez (NASDAQ:ZUMZ) updated its first quarter earnings guidance on Thursday. The company provided EPS guidance of $(0.82)-$(0.72) for the period, compared to the consensus EPS estimate of ($0.63). The company issued revenue guidance of $179-183 million, compared to the consensus revenue estimate of $173.81 million.

Zumiez Price Performance

Shares of NASDAQ ZUMZ traded down $0.52 during midday trading on Thursday, hitting $12.78. The stock had a trading volume of 335,169 shares, compared to its average volume of 278,351. The firm has a market cap of $245.03 million, a P/E ratio of -4.97 and a beta of 1.23. Zumiez has a fifty-two week low of $12.68 and a fifty-two week high of $31.37. The company’s 50-day simple moving average is $15.71 and its 200 day simple moving average is $19.93.

Zumiez (NASDAQ:ZUMZ) last announced its quarterly earnings data on Thursday, March 13th. The apparel and footwear maker reported $0.78 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $0.02. Zumiez had a negative return on equity of 2.67% and a negative net margin of 5.60%. The firm had revenue of $279.16 million during the quarter, compared to analyst estimates of $276.47 million. During the same period last year, the company earned $0.40 earnings per share. The company’s revenue was down .9% on a year-over-year basis. Equities analysts expect that Zumiez will post -0.12 EPS for the current fiscal year.

About Zumiez

Zumiez Inc operates as a specialty retailer of apparel, footwear, accessories, and hardgoods for young men and women. The company provides hardgoods, including skateboards, snowboards, bindings, components, and other equipment. It operates stores in the United States, Canada, Europe, and Australia under the names of Zumiez, Blue Tomato, and Fast Times.