Zumiez Beats on Q3 Earnings, Strong Comparable Sales Drive Revenues
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Zumiez reported strong Q3 earnings driven by a 2.9% growth in North American sales and positive comparable sales. However, international performance was weaker.
December 09, 2024 | 12:00 pm
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Zumiez's Q3 earnings exceeded expectations due to strong North American sales growth of 2.9% and positive comparable sales. However, international sales were weaker.
The strong performance in North America, which is a significant market for Zumiez, suggests a positive short-term impact on the stock price. The positive comparable sales further reinforce this outlook. However, the weaker international performance may slightly temper the overall impact.
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