Zumiez Q2 2024 GAAP EPS $(0.04) Beats $(0.24) Estimate, Sales $210.2M Beat $201.965M Estimate
Portfolio Pulse from Benzinga Newsdesk
Zumiez reported better-than-expected Q2 2024 results with a GAAP EPS of $(0.04), beating the estimate of $(0.24), and sales of $210.2M, surpassing the $201.965M estimate. This marks an 8.11% increase in sales compared to the same period last year.
September 05, 2024 | 8:06 pm
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POSITIVE IMPACT
Zumiez's Q2 2024 earnings report shows a smaller-than-expected loss and higher sales, indicating better performance than anticipated. This positive surprise could boost investor confidence and potentially lead to a short-term increase in stock price.
Zumiez reported a GAAP EPS of $(0.04), significantly better than the expected $(0.24), and sales of $210.2M, exceeding the $201.965M estimate. The 8.11% YoY sales increase suggests strong performance, likely leading to positive investor sentiment and a potential short-term stock price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100