Zumiez Shares Plummet 12% After Disappointing Q4 Sales, EPS Guidance Cut
Generated by AI AgentWesley Park
Monday, Jan 13, 2025 11:11 am ET1min read
ZUMZ--
In a disappointing turn of events, Zumiez Inc. (NASDAQ: ZUMZ), a leading specialty retailer of apparel, footwear, accessories, and hardgoods for young men and women, saw its shares drop by a staggering 12% in pre-market trading on Monday. The reason behind this significant decline? The company announced that it has lowered its net sales and earnings per share (EPS) guidance for the fourth quarter, citing softer results in peak weeks and unseasonably warm weather in key winter sports regions.
In a disappointing turn of events, Zumiez Inc. (NASDAQ: ZUMZ), a leading specialty retailer of apparel, footwear, accessories, and hardgoods for young men and women, saw its shares drop by a staggering 12% in pre-market trading on Monday. The reason behind this significant decline? The company announced that it has lowered its net sales and earnings per share (EPS) guidance for the fourth quarter, citing softer results in peak weeks and unseasonably warm weather in key winter sports regions.
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