Zumiez Inc. Announces Fiscal 2015 Third Quarter Results
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Zumiez (ZUMZ) PT, Estimates Cut at Piper Jaffray Post Q3
December 4, 2015 9:30 AM ESTPiper Jaffray maintained a Neutral rating on Zumiez, Inc. (NASDAQ: ZUMZ), and cut the price target to $17.00 (from $21.00), following the company's 3Q earnings report. ZUMZ released FQ4 guidance in a range of $0.40 to $0.46, below Piper Jaffray's prior estimate of $0.68. The guidance reflects a comparable store sales decline of 14% to 16%. The company is employing key strategies... More
Zumiez (ZUMZ) Numbers Slashed at Jefferies Following Q3 Results; Sees 'Tough Sledding Ahead'
December 4, 2015 8:35 AM ESTJefferies analyst, Randal J. Konik, cut his price target from $24 to $15 citing a lack of catalysts for Zumiez, Inc. (NASDAQ: ZUMZ) to turn its business around. Cost management can only go so far and until tough comps anniversary, the stock has little opportunity to break the trend.
Top-line trends have continued to decelerate. Following disappointing results over the last two quarters, comps dropped off further in November, leading management to... More
Zumiez, Inc. (ZUMZ) Announces Additional $70M Stock Buyback
December 3, 2015 4:18 PM ESTIn addition to earnings, Zumiez, Inc. (NASDAQ: ZUMZ) announced that the Board of Directors of Zumiez Inc. has authorized the repurchase of up to an additional $70 million of its Common Stock.
... MoreZumiez, Inc. (ZUMZ) Tops Q3 EPS by 7c; Guides Q4 Below Expectations
December 3, 2015 4:06 PM ESTZumiez, Inc. (NASDAQ: ZUMZ) reported Q3 EPS of $0.36, $0.07 better than the analyst estimate of $0.29. Revenue for the quarter came in at $204.3 million versus the consensus estimate of $204.03 million.
Comparable sales for the thirteen weeks ended October 31, 2015 decreased 7.3% compared with a comparable sales increase of... More
