Zumiez (NASDAQ: ZUMZ) posted stronger first quarter business results on Thursday, with the firm reporting year-over-year growth while also surpassing consensus analyst estimates.
The company reported loss of $0.82 per share during the quarter, below analyst expectations of loss of $0.81 per share while falling 3.8 percent year over year.
Zumiez disclosed quarterly revenue of $193.35 million, representing year-over-year growth of 4.9% while also topping analyst forecasts of $191.03 million.
Providing a business outlook, Zumiez projected bottom-line for the second quarter of fiscal year 2026 in the range of loss of $0.23 to $0.08 per share, compared with analyst expectations of $0.09 per share.
Further, the revenue outlook was set between $210.00 million and $215.00 million, versus consensus estimates of $218.43 million.
“We continue to make important progress towards sustained profitable growth. First quarter comparable sales increased mid-single digits for the second consecutive year driven by ongoing strength in our North American business and strong mid-single digit comps in Europe.” said, Rick Brooks, Chief Executive Officer.
