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Benzinga
Benzinga
Business
Adam Eckert

Why Zumiez Shares Are Sliding After Hours

Zumiez

Zumiez Inc (NASDAQ:ZUMZ) shares are trading lower after the company reported worse-than-expected fourth-quarter financial results and issued guidance below estimates.

Zumiez said fourth-quarter revenue increased 4.6% year-over-year to $346.7 million, which came in below the $353.18 million estimate. The company reported quarterly earnings of $1.70 per share, which came in below the estimate of $1.76 per share.

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