Previous close | 0.6500 |
Open | 0.6500 |
Bid | 0.2500 |
Ask | 0.4000 |
Strike | 22.50 |
Expiry date | 2024-08-16 |
Day's range | 0.6500 - 0.6500 |
Contract range | N/A |
Volume | |
Open interest | 25 |
Zumiez (ZUMZ) posts lower sales in first-quarter fiscal 2024 due to a comparable sales decline of 2.4%. It reports a narrower-than-expected loss per share.
Zumiez (ZUMZ) delivered earnings and revenue surprises of 24.56% and 3.39%, respectively, for the quarter ended April 2024. Do the numbers hold clues to what lies ahead for the stock?
Clothing and footwear retailer Zumiez (NASDAQ:ZUMZ) reported results ahead of analysts' expectations in Q1 CY2024, with revenue down 3% year on year to $177.4 million. On top of that, next quarter's revenue guidance ($201.5 million at the midpoint) was surprisingly good and 5.7% above what analysts were expecting. It made a GAAP loss of $0.86 per share, improving from its loss of $0.96 per share in the same quarter last year.