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News / Business / Business Briefs

Clothing retailer Zumiez reports 3rd-quarter profit

By Wire Services
Published: December 9, 2019, 6:01am

LYNNWOOD — Zumiez Inc. on Thursday reported fiscal third-quarter profit of $19.2 million.

On a per-share basis, the Lynnwood-based company said it had profit of 75 cents.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 59 cents per share.

The clothing retailer posted revenue of $264 million in the period, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $260.1 million. Zumiez shares have increased 60 percent since the beginning of the year.

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