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Zumiez, Inc. Message Board

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  • mr_slickster007 mr_slickster007 Aug 22, 2007 9:10 PM Flag

    What a joke they guide higher 1 penny

    I totally agree. $0.01 is the worst case. Even if you take the mid range, it is only a $0.03 increase or a 3.5% increase. But the stock has gone up 23% in last couple of weeks. And ZUMZ made an extra 3 cents this quarter alone.

    Zumiez said it expects earnings per share between 97 cents and 99 cents for the year, but from a previous estimate of 94 cents per share to 96 cents per share.

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    • Exactly! They added the extra three cents they already made.

      That means they Guided In-Line. High P/E stocks don't hold those P/E's after a massive run when they guide in line.

      Might pop with the market first thing but the elevator will be headed down shortly.

      Not enough to make and hold new 52 week highs.

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