Zumiez Earnings: Expectations vs Reality

Zumiez Earnings Report: Expectations High as Retailer Aims for Revenue GrowthThis Thursday, Zumiez is set to release its latest earnings report, following a strong performance last quarter with a 1.4% revenue increase and surpassing analyst predictions. Analysts forecast a 6.1% year-over-year revenue growth for this quarter, with adjusted earnings expected to reach 28 cents per share. Despite missing Wall Streets estimates twice in the last two years, Zumiez has maintained analysts estimates, indicating a positive outlook. The apparel retail sector has seen a generally positive mood, with share prices up an average of 5.2% over the last month. Zumiez, currently trading at $26.20, has seen an 18.8% increase during this period, with an average analyst price target of $18.00.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.