Zumiez Stock Plummets 4.82%: Q1 Loss Hits $14.3M

Zumiez Inc. dropped 4.82% in premarket trading, with the company reporting a fiscal first-quarter loss of $14.3 million, or 79 cents per share, which fell short of Wall Street expectations. The company also reported impairment of long-lived assets and provided earnings guidance for the second quarter, expecting a net revenue between $207 million and $214 million.