Zumiez (ZUMZ) Releases Q4 Earnings Guidance
Zumiez (NASDAQ:ZUMZ) issued an update on its fourth quarter earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $0.88-0.90 for the period, compared to the Thomson Reuters consensus estimate of $0.80.
Shares of Zumiez (ZUMZ) traded up $0.50 during trading on Wednesday, reaching $20.50. The company had a trading volume of 1,353,233 shares, compared to its average volume of 1,053,900. The stock has a market capitalization of $504.99, a price-to-earnings ratio of 20.30, a price-to-earnings-growth ratio of 1.06 and a beta of 1.39. Zumiez has a 52 week low of $11.43 and a 52 week high of $23.10.
Zumiez (NASDAQ:ZUMZ) last issued its quarterly earnings data on Thursday, November 30th. The apparel and footwear maker reported $0.48 earnings per share for the quarter, hitting the consensus estimate of $0.48. The company had revenue of $245.80 million during the quarter, compared to analyst estimates of $244.50 million. Zumiez had a return on equity of 7.99% and a net margin of 2.84%. The firm’s revenue for the quarter was up 11.0% compared to the same quarter last year. During the same period in the prior year, the business posted $0.43 earnings per share. equities research analysts expect that Zumiez will post 1.09 EPS for the current year.
In other news, Director Scott Andrew Bailey sold 7,843 shares of the stock in a transaction on Monday, December 4th. The stock was sold at an average price of $20.75, for a total value of $162,742.25. Following the sale, the director now directly owns 9,908 shares in the company, valued at $205,591. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 27.50% of the stock is currently owned by company insiders.
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Zumiez Inc, including its subsidiaries, is a specialty retailer of apparel, footwear, accessories and hardgoods for young men and women through the fashion, music, art and culture of action sports, streetwear and other lifestyles. The Company operates under the names Zumiez, Blue Tomato and Fast Times.
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