Zumiez Q3: Sales Surge, Profit Beat, Stock Soars
Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Sâmbătă
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Zumiez reports strong Q3 results, exceeding Wall Streets expectations with a 7.5% sales increase and a significant profit beat. The company forecasts a 2.7% higher revenue for Q4, indicating continued momentum. Despite closing underperforming stores, same-store sales surged by 7.6% and free cash flow turned positive. The market responded positively, with the stock trading up 4.3%.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
