Zumiez Net Sales For The Four-week Period Ended May 27, 2023 Decrease 12.8%
Portfolio Pulse from Benzinga Newsdesk
Zumiez reported a 12.8% decrease in net sales for the four-week period ended May 27, 2023.
June 01, 2023 | 8:09 pm
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Zumiez's net sales decreased by 12.8% for the four-week period ended May 27, 2023, which may negatively impact its stock price.
The 12.8% decrease in net sales for Zumiez during the four-week period is a significant decline, which may lead to a negative perception of the company's performance among investors. This could result in a decrease in demand for the stock, leading to a drop in its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100