Zumiez Inc. (NASDAQ:ZUMZ) is expected to report second quarter earnings results, after market close, on Thursday 10th September 2020.
Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.25 per share from revenue of $ 226.54 million.
Looking ahead, the full year income are expected at $ 1.65 per share on the revenues of $ 965.23 million.
Previous Quarter Performance
Zumiez Inc. unwinded loss for the first quarter of $ 0.79 per share, from the revenue of $ 137.77 million. The quarterly revenues fell 33.11 percent compared with the same quarter last year. According to street consensus, ZUMZ was expected to report 1Q20 loss of $ 0.43 per share from revenue of $ 165.35 million. The bottom line results missed street analysts by $ 0.36 or 83.72 percent, at the same time, top line results fell short of analysts by $ 27.58 million or 16.68 percent.
Stock Performance
Shares of Zumiez Inc. traded low $ -0.74 or -2.66 percent on Wednesday, reaching $ 27.05 with volume of 339.60 thousand shares. The stock opened down for the day at $ 27.77, after closing the previous day trading at $ 27.79.
According to the previous trading day, closing price of $ 27.79, representing a 111.65 % increase from the 52 week low of $ 13.13 and a 22.11 % decrease over the 52 week high of $ 35.68.
The company has a market capital of $ 698.44 million and is part of the Consumer Cyclical sector and Specialty Retail industry.
Conference Call
Zumiez Inc. will be hosting a conference call at 5:00 PM eastern time on 10th September 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.zumiez.com
Zumiez Inc., together with its subsidiaries, operates as a specialty retailer of apparel, footwear, accessories, and hardgoods for young men and women. Its hardgoods include skateboards, snowboards, bindings, components, and other equipment. As of March 2, 2019, the company operated 705 stores, including 606 stores in the United States, 50 stores in Canada, 41 stores in Europe, and 8 stores in Australia under the names of Zumiez, Blue Tomato, and Fast Times.
