Zumiez, Inc. (ZUMZ) Reports In-Line Q3 EPS, Beats on Revenues; Q4 EPS/Revenue Guidance Above Consensus

Zumiez, Inc. (NASDAQ: ZUMZ) reported Q3 EPS of $0.48, in-line with the analyst estimate of $0.48. Revenue for the quarter came in at $245.8 million versus the consensus estimate of $242.43 million.

• Third Quarter 2017 Sales
• Increased 11.0% to $245.8 Million
• Third Quarter 2017 Diluted Earnings Per Share
• Improved to $0.48November 2017
• Comparable Sales Increased 7.8%

Fiscal 2017 Fourth Quarter Outlook

The Company is introducing guidance for the three months ending February 3, 2018. Net sales are projected to be in the range of $291 to $297 million resulting in net income per diluted share of approximately $0.78 to $0.84. This guidance is based upon anticipated comparable sales growth between 3% and 5% for the fourth quarter of fiscal 2017. The Company remains on track to open approximately 19 new stores in fiscal 2017, including up to 3 stores in Canada and 5 stores in Europe and 2 stores in Australia.

GUIDANCE:

Zumiez, Inc. sees Q4 2017 EPS of $0.78-$0.84, versus the consensus of $0.79. Zumiez, Inc. sees Q4 2017 revenue of $291-297 million, versus the consensus of $288 million.

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

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