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0 0 0.000890630566441116 0.00106875667972929 0.00391877449234056 -0.00463127894549337 -0.0210188813680085 -0.0270751692198076
Stock impact report

Why Zumiez Stock Popped Today [Yahoo! Finance]

Zumiez Inc. (ZUMZ) 
Last zumiez inc. earnings: 3/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.zumiez.com/investor-relations
Company Research Source: Yahoo! Finance
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 million, though the company said a shift in the retail calendar boosted sales by 530 basis points. That result beat estimates at $202 million. Gross margin also expanded 250 basis points to 34.2%, which helped narrow the loss from $0.44 per share in the quarter a year ago to just $0.04, which was much better than expectations of $0.33. CEO Rick Brooks said, "We experienced a noticeable acceleration in our sales trend as the second quarter unfolded, with July North America comparable sales increasing in the high single digits." He also said that fresh apparel and footwear assortments and improved customer engagement had helped drive growth in the business. Momentum is building Looking ahead to the third quarter, the compan Show less Read more
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