11:35 am Zulily reports mixed Q1, issues downside guidance for Q2/FY15 revenues
Zulily (ZU 9.77, -2.05) is trading -17.3% lower this afternoon following the company's mixed first quarter results. ZU reported earnings per share (EPS) of $0.01 per share which was better than expected, on revenues which rose 28.9% on a year-over-year basis, yet came in worse than expected at $306.6 million. In addition, ZU names Brian Swartz as CFO and issued downside guidance for second quarter and fiscal year 2015 revenues.
ZU is a retailer specializing in clothing, shoes, home dcor, toys and …More