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Thursday, June 6, 2019

=Zumiez (ZUMZ) reported earnings on Thur 6 June 19 (a/h)

Zumiez beats by $0.12, beats on revs, comps +3.3%; guides Q2 in-line 
  • Reports Q1 (Apr) earnings of $0.03 per share, $0.12 better than the S&P Capital IQ Consensus of ($0.09); revenues rose 3.2% year/year to $212.9 mln vs the $205.96 mln S&P Capital IQ Consensus.
  • Co issues in-line guidance for Q2, sees EPS of $0.14-0.20 vs. $0.19 S&P Capital IQ Consensus; sees Q2 revs of $220-224 mln vs. $222.06 mln S&P Capital IQ Consensus; comparable sales growth of between 0.0% and 2.0%. The Company currently intends to open approximately 15 new stores in fiscal 2019, including up to 6 stores in North America, 7 stores in Europe and 2 stores in Australia.

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