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Zumiez Fiscal Q2 Loss Narrows, Sales Rise; Sets Fiscal Q3 Outlook -- Shares Jump After Hours
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Zumiez Fiscal Q2 Loss Narrows, Sales Rise; Sets Fiscal Q3 Outlook -- Shares Jump After Hours
Sep 6, 2024 4:30 AM

04:33 PM EDT, 09/05/2024 (MT Newswires) -- Zumiez ( ZUMZ ) reported a fiscal Q2 loss late Thursday of $0.04 per diluted share, narrower than a $0.44 loss a year earlier.

Four analysts polled by Capital IQ expected a loss of $0.33.

Net sales for the quarter ended Aug. 3 rose to $210.2 million from $194.4 million a year earlier.

Four analysts surveyed by Capital IQ expected about $202 million.

For fiscal Q3, the company expects between a loss of $0.04 to earnings of $0.06 per share on net sales of $221 million to $225 million. Two analysts surveyed by Capital IQ are expecting earnings of $0.39 per share, while four analysts expect $216.9 million.

Shares of the company rose 3.2% in after-hours activity.

Price: 26.50, Change: +0.83, Percent Change: +3.23

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