Investing.com - Zumiez (NASDAQ:ZUMZ) reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Zumiez announced earnings per share of $0.16 on revenue of $220M. Analysts polled by Investing.com anticipated EPS of $0.4725 on revenue of $232.71M.
Zumiez shares are down 16.15% from the beginning of the year, still down 51.83% from its 52 week high of $55.10 set on November 22, 2021. They are outperforming the Nasdaq which is down 24.18% from the start of the year.
Zumiez follows other major Consumer Discretionary sector earnings this month
Zumiez's report follows an earnings beat by Home Depot on August 16, who reported EPS of $5.05 on revenue of $43.79B, compared to forecasts EPS of $4.95 on revenue of $43.36B.
Lowe’s had beat expectations on August 17 with second quarter EPS of $4.67 on revenue of $27.48B, compared to forecast for EPS of $4.58 on revenue of $28.12B.
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