LYNNWOOD, Wash., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Zumiez Inc. (NASDAQ: ZUMZ) today announced it will report fiscal 2024 third quarter results on Thursday, December 5, 2024, 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. To access the conference call, please pre-register using this link (Registration Link). Registrants will receive confirmation with dial-in details. The conference call will also be availabl ...

Zumiez Inc. (ZUMZ) is currently trading at a low price-to-sales (P/S) multiple, which is below the averages of both the Zacks Retail-Apparel and Shoes industry and the broader Retail-Wholesale sector. With a forward 12-month P/S of 0.44, ZUMZ is priced lower than the industry's average of 1.08 and the sector's average of 1.46.This makes ZUMZ stock undervalued relative to its industry peers, presenting an attractive opportunity for investors seeking exposure to the retail apparel sector. Furthermore, Zumiez’ ...

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Zumiez Inc. (ZUMZ) has demonstrated strong upward momentum, consistently trading above both its 200-day and 100-day simple moving averages (SMA), which are important indicators of price stability and long-term bullish trends. As of Friday, ZUMZ was trading at $22.44, which surpassed both its 200-day SMA of $19.36 and its 100-day SMA of $21.51, highlighting a continued uptrend. SMA is a key tool in technical analysis used to assess price trends by smoothing out short-term fluctuations, offering a clearer vie ...

Shares of Zumiez Inc. (ZUMZ) have experienced a remarkable surge over the past six months. The stock has rallied 47.7% against the Zacks Retail-Apparel and Shoes industry's sharp 5.2% decline. The company's strong second-quarter performance, strategic initiatives and focus on cost management have positioned it for continued success. Its customer-centric approach, investments in private label brands and operational efficiency have enabled it to outperform both the broader Retail-Wholesale sector and the S&P ...

Have you been paying attention to shares of Zumiez (ZUMZ) ? Shares have been on the move with the stock up 8.5% over the past month. The stock hit a new 52-week high of $31.37 in the previous session. Zumiez has gained 31.2% since the start of the year compared to the 11.2% move for the Zacks Retail-Wholesale sector and the 4.9% return for the Zacks Retail - Apparel and Shoes industry. What's Driving the Outperformance? The stock has a great record of positive earnings surprises, as it hasn't missed our ear ...

Zumiez Inc. (ZUMZ) reported better-than-expected second-quarter fiscal 2024 results, with the top and bottom lines faring better than the Zacks Consensus Estimate and the year-ago quarter's numbers. Zumiez posted a quarterly loss of 4 cents per share, narrower than the Zacks Consensus Estimate of a loss of 33 cents per share. The bottom line also improved from a loss of 44 cents per share reported in the year-earlier quarter. Total net sales of $210.2 million surpassed the Zacks Consensus Estimate of $202 m ...

The apparel retailer delivered a better-than-expected earnings report. Shares of Zumiez (ZUMZ 9.39%), the surf-and-skate apparel retailer, were surging today after the company delivered better-than-expected results in its second-quarter earnings report. As of 9:53 a.m. ET, the stock was up 12.2% on the news. Zumiez impresses At a time when much of the apparel sector is struggling with weak consumer demand, Zumiez delivered strong results with comparable sales up 3.6%, driving revenue up 8.1% to $210.2 milli ...

Company Performance - Zumiez reported a quarterly loss of $0.04 per share, significantly better than the Zacks Consensus Estimate of a loss of $0.33, and an improvement from a loss of $0.44 per share a year ago, representing an earnings surprise of 87.88% [1] - The company posted revenues of $210.18 million for the quarter ended July 2024, exceeding the Zacks Consensus Estimate by 4.07% and up from $194.44 million in the same quarter last year [2] - Over the last four quarters, Zumiez has surpassed consensus EPS estimates four times and has also topped consensus revenue estimates in the same period [2] Stock Outlook - Zumiez shares have increased approximately 30% since the beginning of the year, outperforming the S&P 500's gain of 15.7% [3] - The current consensus EPS estimate for the upcoming quarter is $0.23 on revenues of $216.91 million, while the estimate for the current fiscal year is -$0.04 on revenues of $879.87 million [7] - The estimate revisions trend for Zumiez is currently favorable, leading to a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Retail - Apparel and Shoes industry, to which Zumiez belongs, is currently ranked in the top 39% of over 250 Zacks industries, suggesting a positive outlook for stocks within this sector [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Second Quarter Comparable Sales Increased 3.6% Second Quarter Gross Margin increased 250 basis points to 34.2% Second Quarter Loss Per share improved to ($0.04) from ($0.44) Third Quarter-to-date Comparable Sales up 12.1% LYNNWOOD, Wash., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Zumiez Inc. (NASDAQ: ZUMZ) a leading specialty retailer of apparel, footwear, equipment and accessories for young men and women, today reported results for the second quarter ended August 3, 2024. Net sales for the second quarter ended Au ...