Zumiez Fiscal Q3 Swings to Net Income, Sales Increase; Q4 Outlook Set; Shares Jump After Hours

MT Newswires Live
06 Dec 2024

Zumiez (ZUMZ) reported fiscal Q3 net income late Thursday of $0.06 per diluted share, swinging from a loss of $0.12 a year earlier.

Analysts polled by FactSet expected net income of $0.02.

Net sales in the three months ended Nov. 2 rose to $222.5 million from $216.3 million a year earlier.

Analysts surveyed by FactSet expected $222.1 million.

In fiscal Q4, the company expects EPS of $0.83 to $0.93 on net sales of $284 million to $288 million. Four analysts surveyed by FactSet project EPS of $0.96 on revenue of $283.5 million.

Shares of the company jumped 10% in after-hours activity.

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