Zumiez Q2 Misses Big: EPS Loss of $0.17 vs $0.04 Expected, Stock Plunges 16%
ZUMZ is trading near its 52-week low of $15.09 (5.9% below the low) on elevated volume (1.9× avg).
Summary
Zumiez reported a much wider Q2 loss than expected — $0.17 per share versus the $0.04 consensus — and revenue of $208.96M missed the $212.11M estimate. Comparable sales fell 2.1%, driven by weak U.S. footwear and traffic. The stock dropped 16% in extended trading to $14, near its 52-week low. This follows the CFO resignation in July and a 10-Q showing $77.7M cash burn over six months. The company guided Q3 EPS to $0.00–$0.10 on sales of $222–226M, with Q3-to-date comps also negative. The miss and weak guidance reinforce a deteriorating trend; traders will watch whether the stock breaks below the $15.09 52-week low in regular trading.
At the time of this announcement, ZUMZ was trading at $14.20 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $281.9M. The 52-week trading range was $15.09 to $31.70. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: Benzinga.