|Bid||32.35 x 1000|
|Ask||32.37 x 900|
|Day's Range||32.30 - 32.99|
|52 Week Range||17.57 - 33.47|
|Beta (3Y Monthly)||1.78|
|PE Ratio (TTM)||15.37|
|Earnings Date||Dec 4, 2019 - Dec 9, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||29.00|
Store closures for the first half of 2019 have already exceeded all of 2018, but many of them are positive signs of a retail restructuring.
Burlington Stores (BURL) has been initiating better marketing approach, focusing on localized assortments and making technological advancements.
Solid comps and digital sales along with Aerie brand strength will contribute to American Eagle's (AEO) growth. However, rising expenses remain a woe.
Zumiez (ZUMZ) is benefiting from favorable comps trend and solid bottom-line picture along with investments in logistics and omni-channel efforts. Also, it is on track with store remodeling and openings.
Several major central banks have cut the benchmark interest rate and injected stimulus in order to restore growth. The latest one in this league is the European Central Bank.
While the broader stock market is expected to move higher, momentum investing will likely take charge as investors seek higher returns in a short span.
Zumiez, Vista Outdoor, Nvidia, Intel and Tokyo Electron highlighted as Zacks Bull and Bear of the Day
Year to date, the performance on Wall Street is projecting a glorious picture with no end to the bull run in sight, at least this year.
As part of its turnaround efforts, J. C. Penney (JCP) is all set to launch an in-house outdoor category and an Outdoor Shop that will feature three new product lines.
CEO of Zumiez Inc (30-Year Financial, Insider Trades) Richard Miles Brooks (insider trades) sold 340,000 shares of ZUMZ on 09/10/2019 at an average price of $31.48 a share. Continue reading...
The Driehaus strategy essentially uses the "buy high and sell higher" principle to select the best stocks that have the potential substantially outperform the market.
L Brands (LB) is making efforts to revive the dwindling Victoria's Secret brand. This apart, falling performance of Bath & Body Works will further hurt the stock.
Shares of clothing and accessories retailer Zumiez Inc. soared 8.4% in Monday trading after closing up 11.3% on Friday following second-quarter earnings that blew past expectations. Earnings per share of 36 cents per share beat the 19 cents FactSet forecast, and revenue of $228.4 million exceeded the $224.0 million FactSet expectation. Zumiez Chief Executive Richard Brooks said same-store sales in Europe and Australia were up double digits. And he said speed was a "critical factor" for the results. "We're already faster than most of our competitors due to our decision over three years ago to shut down our e-commerce fulfillment center and deliver all digital orders out of our stores," he said on the call, according to a FactSet transcript. "Not only does the concept of localized fulfillment mean that we now only have one cost structure to leverage, but we can now get product into customers' hands faster by reducing the order processing time, cutting down the shipping distance to the customer and also offering in-store pickup." Despite the good news, Wedbush analysts are cautious, calling the stock price acceleration "a key selling opportunity, as the looming potential for adverse and outsized tariff impacts on Zumiez seems mostly overlooked by investors." Analysts estimate that Zumiez would face an annualized EPS headwind of about 35 cents in a "worst-case" tariff scenario. Wedbush rates Zumiez stock underperform with a $17 price target. On the other hand, Baird analysts rate Zumiez shares neutral with a $33 price target and has the stock on its "Fresh Pick" list. Zumiez shares have rallied 73.7% for the year to date while the S&P 500 index is up nearly 19% for the period.
Zumiez (ZUMZ) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.