LYNNWOOD, Wash. (AP) — LYNNWOOD, Wash. (AP) — Zumiez Inc. (ZUMZ) on Thursday reported fiscal fourth-quarter earnings of $19.6 million.
On a per-share basis, the Lynnwood, Washington-based company said it had profit of $1.16.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.08 per share.
The clothing retailer posted revenue of $291.3 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $290.6 million.
For the year, the company reported profit of $13.4 million, or 78 cents per share. Revenue was reported as $929.1 million.
For the current quarter ending in April, Zumiez said it expects revenue in the range of $189 million to $193 million.
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