243
Fashion Jobs
L'OREAL GROUP
Head of Advocacy & Influence - l’Oréal Dermatological Beauty - Copenhagen
Permanent · COPENHAGEN
ESTÉE LAUDER COMPANIES
District Manager (Funen/Jutland)
Permanent · AARHUS
ESTÉE LAUDER COMPANIES
Handelselev Med Speciale i Digital Handel - E-Commerce
Permanent · COPENHAGEN
ZIZZI
Online Buyer Til Fashion
Permanent · BILLUND
SAMSOE
Logistik Koordinator
Permanent · GLOSTRUP
ONLY
Business Controller
Permanent · BRANDE
ONLY
International Sales Manager
Permanent · BRANDE
JACK & JONES
Konstruktører, Jack & Jones og Jjxx
Permanent · BRANDE
BEST SELLER
Environmental Programme Coordinator
Permanent · KØBENHAVN K
BEST SELLER
Product Owner - Data-Driven Solutions & ai
Permanent · AARHUS
SELECTED FEMME/HOMME
Sales Representative
Permanent · BRANDE
L'OREAL GROUP
Key Account Relationship Specialist
Permanent · COPENHAGEN
SAMSOE
Business Controller (Sql And Data Analytics Specialist)
Permanent · COPENHAGEN
ACE & TATE
Optometrist Copenhagen i NY Østergade
Permanent · COPENHAGEN
VERO MODA
Business Controller
Permanent · AARHUS
VERO MODA
Buyer | Curve
Permanent · AARHUS
ONLY
Demand Planner
Permanent · BRANDE
L'OREAL GROUP
Supply Chain Graduate - l’Oréal Luxe Product Division - Copenhagen
Permanent · COPENHAGEN
KERING EYEWEAR
Kering Eyewear - Lindberg Junior Trade Marketing Manager
Permanent · AARHUS
ESPRIT
Area Manager Multilabel Nordic Women
Permanent · COPENHAGEN
ZIZZI
IT Operations Manager
Permanent · BILLUND
TJX EUROPE
Buying Coordinator
Permanent · COPENHAGEN
By
Reuters
Published
Nov 20, 2009
Download
Download the article
Print
Text size

Zumiez third quarter beats view, sees fourth quarter below Street

By
Reuters
Published
Nov 20, 2009

Nov 19 (Reuters) - Zumiez Inc (ZUMZ.O) posted a quarterly profit that beat market estimates, helped by lower inventory and improving sales trends in its western markets, but forecast a weak fourth quarter.


Hoobie Boomerang Top and Bottom at Zumiez

For the fourth quarter, the skate and snow-boarding inspired retailer sees earnings per share of about 18 cents to 22 cents, on sales of $122 million to $126 million, based on recent sales trends.

Analysts on average were expecting the company to earn 25 cents a share on revenue of $131.1 million, according to Thomson Reuters I/B/E/S.

Zumiez's outlook follows rival Pacific Sunwear of California Inc's (PSUN.O) forecast for a wider-than-expected fourth-quarter loss earlier this week. [ID:nBNG53054]

Zumiez expects same-store sales to fall in the high-to-mid single digit range in the fourth quarter.

For the third quarter ended Oct. 31, the mall-based retailer earned $5.1 million, or 17 cents a share, compared with $6.8 million, or 23 cents a share, a year ago.

Net sales rose marginally to $113.2 million. Same-store sales fell 8 percent.

Analysts expected the company to earn 15 cents a share on revenue of $112.1 million.

Inventory in the quarter fell 6.7 percent, while inventory on a per square foot basis fell 16 percent over the year ago period.

Shares of the Everett, Washington-based company were down 2 percent at $10.90 in trading after the bell. They closed at $11.12 Thursday 19 November on Nasdaq. (Reporting by Abhishek Takle in Bangalore; Editing by Unnikrishnan Nair, Maju Samuel)

© Thomson Reuters 2024 All rights reserved.