Zumiez Inc. Third Quarter Earnings Sneak Peek

Zumiez, Inc. (NASDAQ:ZUMZ) will unveil its latest earnings on Thursday, December 1, 2011. Zumiez is a mall-based specialty retailer of action sports related apparel, footwear, equipment and accessories.

Zumiez, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 41 cents per share, a rise of 2.5% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 44 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 41 cents during the last month. Analysts are projecting profit to rise by 22.7% versus last year to $1.08.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 3 cents, reporting net income of 8 cents per share against a mean estimate of profit of 5 cents per share.

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Wall St. Revenue Expectations: On average, analysts predict $153.1 million in revenue this quarter, a rise of 12.7% from the year ago quarter. Analysts are forecasting total revenue of $544.8 million for the year, a rise of 13.8% from last year’s revenue of $478.9 million.

Analyst Ratings: Analysts are bullish on this stock with 10 analysts rating it as a buy, none rating it as a sell and nine rating it as a hold. Over the past 90 days, the average rating for the stock has moved up from hold to moderate buy.

A Look Back: In the second quarter, the company swung to a profit of $2.6 million (8 cents a share) from a loss of $1.2 million (4 cents) a year earlier, beating analyst estimates. Revenue rose 14.9% to $112.2 million from $97.7 million.

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 17.9%, with the biggest boost coming in the third quarter of the last fiscal year when revenue rose 20% from the year earlier quarter.

Competitors to Watch: Pacific Sunwear of California, Inc. (NASDAQ:PSUN), Aeropostale, Inc. (NYSE:ARO), American Eagle Outfitters (NYSE:AEO), Abercrombie & Fitch Co. (NYSE:ANF), Urban Outfitters, Inc. (NASDAQ:URBN), The Buckle, Inc. (NYSE:BKE), The Wet Seal, Inc. (NASDAQ:WTSLA), Hot Topic, Inc. (NASDAQ:HOTT), Jos. A. Bank Clothiers, Inc. (NASDAQ:JOSB), and The Men’s Wearhouse, Inc. (NYSE:MW).

Stock Price Performance: During September 29, 2011 to November 25, 2011, the stock price had risen $2.58 (14%) from $18.42 to $21. The stock price saw one of its best stretches over the last year between June 13, 2011 and June 21, 2011 when shares rose for seven-straight days, rising 11.6% (+$2.60) over that span. It saw one of its worst periods between March 10, 2011 and March 18, 2011 when shares fell for seven-straight days, falling 17% (-$4.79) over that span. Shares are down $5.87 (-21.8%) year to date.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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