Zumiez Eyes 3.6% Q4 Revenue Growth after 7.5% Q3 Surge
Zumiez delivered $239.1 million in Q3 revenue, up 7.5% year-on-year, beating analysts’ EPS and EBITDA estimates, and faces a projected 3.6% revenue increase in Q4, compared to flat growth last year. The stock is down 6.5% in the past month with a $24 average analyst target.
1. Q3 Performance Highlights
Zumiez reported $239.1 million in Q3 revenue, marking a 7.5% year-on-year increase. The company also surpassed analysts’ EPS and EBITDA projections, reflecting continued momentum after a flat revenue result in the same quarter last year.
2. Q4 Expectations
Analysts anticipate revenue growth of 3.6% in Q4, up from flat growth a year earlier. Coverage has remained steady over the past month, suggesting confidence that Zumiez will maintain its recent performance trajectory heading into the report.
3. Peer Comparisons and Market Trends
Victoria’s Secret posted 7.8% revenue growth and Urban Outfitters saw 10.1% growth, with respective stock moves of -22.1% and +5% post-results. Apparel retailers have underperformed overall, down 9.3% on average last month, while Zumiez fell 6.5%, trading below its $24 average target.