Clothing and footwear retailer Zumiez (NASDAQ:ZUMZ) will be reporting earnings tomorrow after market hours. Here’s what investors should know.
Zumiez met analysts’ revenue expectations last quarter, reporting revenues of $222.5 million, up 2.8% year on year. It was a strong quarter for the company, with a solid beat of analysts’ EPS and EBITDA estimates.
Is Zumiez a buy or sell going into earnings? Read our full analysis here, it’s free.
This quarter, analysts are expecting Zumiez’s revenue to be flat year on year at $279.4 million, slowing from its flat revenue in the same quarter last year. Adjusted earnings are expected to come in at $0.79 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Zumiez has only missed Wall Street’s revenue estimates once over the last two years, exceeding top-line expectations by 2.2% on average.
Looking at Zumiez’s peers in the apparel retailer segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Gap’s revenues decreased 3.5% year on year, beating analysts’ expectations by 1.9%, and Urban Outfitters reported revenues up 9.4%, in line with consensus estimates. Gap traded up 18.6% following the results while Urban Outfitters was also up 8.1%.
Read our full analysis of Gap’s results here and Urban Outfitters’s results here.
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