zulily (ZU) Tops Q2 EPS by 2c
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zulily Announces Second Quarter 2015 Results
August 5, 2015 4:15 PM EDTSEATTLE, Aug. 5, 2015 (GLOBE NEWSWIRE) -- zulily, inc. (NASDAQ: ZU), a leading online retailer, today reported financial results for its second quarter ended June 28, 2015.
Second Quarter Financial Highlights
Net sales increased to $297.6 million, up 4% year over year. Gross profit increased to $92.5 million, up 14% year over year. Gross margin increased to 31.1%, up 270 basis points year over year. Non-GAAP adjusted EBITDA was $14.2 million compared to $14.4 million in the prior year; net income was $3.5 million compared to $7.8 million in the prior year. Non-GAAP diluted net income per share was... More