Zumiez sees Q3 EPS 15c-25c, consensus 21c

Sees Q3 revenue $211M-$216M, consensus $217.83M. The company said, “The Company is introducing guidance for the three months ending October 28, 2023. Net sales are projected to be in the range of $211 to $216 million. Consolidated operating margins are expected to between negative 1.5% and negative 2.5% resulting in a loss per diluted share of approximately $0.15 to $0.25. The Company currently intends to open approximately 19 new stores in fiscal 2023, including up to 5 stores in North America, 10 stores in Europe and 4 stores in Australia.”