Zumiez Reports May Comparable Sales Decrease Of 0.2%; Net Sales For Four-Week Period Ended June 1, 2024, Increase 1.8%
Portfolio Pulse from Benzinga Newsdesk
Zumiez reported a 0.2% decrease in May comparable sales, while net sales for the four-week period ended June 1, 2024, increased by 1.8%.
June 06, 2024 | 8:13 pm
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NEUTRAL IMPACT
Zumiez reported a slight decrease of 0.2% in May comparable sales, but net sales for the four-week period ended June 1, 2024, increased by 1.8%.
The slight decrease in comparable sales may concern some investors, but the overall increase in net sales could offset these worries, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100