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Zumiez's (ZUMZ) business strategies appear encouraging. The company is gaining from its focus on providing differentiated assortments.
Zumiez (ZUMZ) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.17. This compares to earnings of $0.36 per share a year ago.
Zumiez Inc. (NASDAQ:ZUMZ) shares rose nearly 2% in extended trading Thursday following a narrow-than-expected third-quarter loss. The clothing retailer posted a loss of $0.12 per share, compared to Street expectations of $0.17 per share, on revenue of $216.3 million in the period, above foecasts of $213.4 million.
In light of the uncertainties, Zumiez's (ZUMZ) management remains cautious and navigates the company through short-term challenges while focusing on long-term strategic initiatives.
LYNNWOOD, Wash., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Zumiez Inc. (NASDAQ: ZUMZ) today announced it will report fiscal 2023 third quarter results on Thursday, November 30, 2023, following the closing of regular stock market trading hours. The Company will hold a conference call that day at 5:00 p.m. ET to review the results.
Zumiez's (ZUMZ) business strategies appear encouraging. The company is gaining from its focus on providing differentiated assortments.
Zumiez's (ZUMZ) second-quarter fiscal 2023 results were hurt by inflationary pressures, a promotional landscape, increased costs and foreign currency headwinds.
Zumiez Inc. (NASDAQ:ZUMZ), the specialty apparel retailer, posted a second-quarter loss and guided for 3Q sales that were below analysts' estimates, sending its shares lower in Friday pre-market trading. The Lynwood, Washington-based company said it faced headwinds as retailers resorted to cutting prices due to pressure on consumer spending.
Zumiez Inc. (NASDAQ:ZUMZ ) Q2 2023 Earnings Call Transcript September 7, 2023 5:00 PM ET Company Participants Rick Brooks - CEO Chris Work - CFO Conference Call Participants Mitch Kummetz - Seaport Jeff Van Sinderen - B. Riley Corey Tarlowe - Jefferies Operator Good afternoon, ladies and gentlemen, and welcome to the Zumiez's Inc. Second Quarter Fiscal 2023 Earnings Conference Call.
Zumiez (ZUMZ) came out with a quarterly loss of $0.44 per share versus the Zacks Consensus Estimate of a loss of $0.67. This compares to earnings of $0.16 per share a year ago.