Zumiez, Inc. (ZUMZ) Misses Q2 EPS by 1c, Comps Down 10.7%; Q3 EPS Guidance Falls Well Short of Views

Zumiez, Inc. (NASDAQ: ZUMZ) reported Q2 EPS of $0.11, $0.01 worse than the analyst estimate of $0.12. Revenue for the quarter came in at $179.8 million versus the consensus estimate of $180 million.

The Company's comparable sales decreased 10.7% for the four-week period ended August 29, 2015 compared to a comparable sales increase of 2.0% for the four-week period ended August 30, 2014.

Zumiez, Inc. sees Q3 2015 EPS of $0.27-$0.31, versus the consensus of $0.53. Zumiez, Inc. sees Q3 2015 revenue of $202-206 million, versus the consensus of $224.70 million.

This guidance is based on an anticipated comparable sales decrease in the 7% to 9% range for the third quarter of fiscal 2015.

For earnings history and earnings-related data on Zumiez, Inc. (ZUMZ) click here.

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