PREVIEW:Zumiez shares step up ahead of quarterly report
02/06/2022 18:42
** Shares in apparel, footwear and accessories retailer Zumiez
Inc ZUMZ.O up 3.6% ahead of quarterly report due out after
market close outperforming broader retail sector rally
** S&P 600 specialty retail index .SPSMCSPR up 2.0% on
Thursday
** ZUMZ seen reporting Q1 adj. EPS of $0.07 vs $1.03 in
year-ago quarter on rev of $217.3 mln, which would be a 22% drop
y/y, according to IBES estimates from Refinitiv
** ZUMZ's Thursday trading price of $34.15 compares with
median PT of $43 according to Refinitiv which shows four
analysts covering the company
** 1 analyst rates it 'strong buy' while 1 rates it 'buy and
2 rate it 'hold'
**YTD stock is down ~29% vs vs 20.4% drop for the index
(Reporting By Sinéad Carew)
((sinead.carew@thomsonreuters.com;))