What To Expect From Zumiez Earnings Report On Thursday

Zumiez, inc. | Reports June 7th AMC

Consumer Discretionary - Specialty Retail

Zumiez, inc. will report their FQ1 ‘18 Thursday after the close. The Estimize community expects an EPS consensus of -$0.11 which is close to Wall Street’s prediction of -$0.12, suggesting YoY growth of 38%. Estimize has beaten Wall Street in ZUMZ EPS predictions 71% of the time. For revenue, Estimize anticipates $201.98M, a 10% YoY growth, while Wall Street predicts revenue of $199.34M.

Zumiez is a retailer that predominantly sells streetwear and markets its clothing towards teenagers. They have previously stated that their August and September sales are their strongest because of back to school shopping. We expect a 7.1% increase in comparable sales for the quarter, a great number but slightly below results from Q3 and Q4. Zumiez is also expanding operations in Europe and Australia.