04:49 PM EDT, 06/06/2024 (MT Newswires) -- Zumiez ( ZUMZ ) reported a fiscal Q1 loss late Thursday of $0.86 per diluted share, compared with a $0.96 loss a year earlier.

Three analysts polled by Capital IQ expected a loss of $1.15.

Net sales in the quarter ended May 4 fell to $177.4 million from $182.9 million a year earlier.

Three analysts surveyed by Capital IQ expected $171.5 million.

In fiscal Q2, the company expects a loss of $0.30 to $0.40 per diluted share on net revenue of $199 million to $204 million. Two analysts polled by Capital IQ expect earnings of $0.11, and three analysts forecast sales of $190.6 million.

Shares of the company fell 1.6% in after-hours activity.

Price: 19.00, Change: -0.30, Percent Change: -1.55