Zumiez Drops on Weak Sales, Guidance Cut
Sporty teen apparel retailer Zumiez (ZUMZ) fell about 11% after posting much weaker than expected same-store sales and lowering its third quarter guidance. Zumiez posted 0.6% growth in October same-store sales, against expectations for 4.6% growth. The company also lowered its guidance for the third quarter to 38 to 39 cents, below prior expectations for [...]
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