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June 22, 2021

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Zumiez reports Q4 net income of $37.9 million

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LYNNWOOD — Zumiez Inc. (ZUMZ) on Thursday reported fiscal fourth-quarter net income of $37.9 million. The Lynnwood-based company said it had profit of $1.48 per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.36 per share.

The clothing retailer posted revenue of $328.8 million in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $326 million. For the year, the company reported profit of $66.9 million, or $2.62 per share. Revenue was reported as $1.03 billion.

For the quarter ending in May, Zumiez said it expects revenue in the range of $219 million to $223 million. Analysts surveyed by Zacks expected revenue of $221.7 million.

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