Zumiez Triumphs, Gives 2Q Outlook
Zumiez Inc. (NASDAQ:ZUMZ), a mall-based specialty retailer of action sports allied apparel, footwear, equipment and accessories, reported better-than-expected results for first-quarter 2012 on account of improved margins as well as strong merchandise, store expansion and e-commerce strategies. Quarterly earnings of 15 cents per share beat the Zacks Consensus Estimate of 11 cents and surged 150.0% [...]
Zumiez Inc. (NASDAQ:ZUMZ), a mall-based specialty retailer of action sports allied apparel, footwear, equipment and accessories, reported better-than-expected results for first-quarter 2012 on account of improved margins as well as strong merchandise, store expansion and e-commerce strategies. Quarterly earnings of 15 cents per share beat the Zacks Consensus Estimate of 11 cents and surged 150.0% from the prior-period level of 11 cents.
Net sales in the reported quarter climbed 22.7% to $129.9 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards