×
488
Fashion Jobs
BHARTI AIRTEL LIMITED
Territory Manager- Dth Sales -Koppal And Gadag
Permanent · Koppal
BHARTI AIRTEL LIMITED
Territory Manager- Dth Sales -Gadwal
Permanent · Gadwal
URBAN AVENUES LLP
Immediate Joiner in Real Estate Sales Executive/ Sales Manager
Permanent · Noida
OPPO
Area Sales Manager _Asm up East
Permanent · Jhansi
OPPO
Area Sales Manager _Asm up East
Permanent · Jhansi
INDIA SHELTER FINANCE CORPORATION LIMITED
Area Branch Manager
Permanent · Chennai
JOB INDIA
Area Sales Manager- Operations (Garment Retails)
Permanent · Gurugram
PEOPLE ALLIANCE WORKFORCE PRIVATE LIMITED
Merchandising Manager/Quality Manager - Garments Manufacturing Company
Permanent · Bhiwandi
PEOPLE ALLIANCE WORKFORCE PRIVATE LIMITED
Officer Hrbp / Business HR For Garment/Textile/Apparel Industry
Permanent · Bengaluru
AAVAS FINANCIERS LIMITED
Area Sales Manager | Home Loan | Mumbai
Permanent · Bengaluru
BHARTI AIRTEL LIMITED
Territory Manager- Dth Sales - Rajahmundry
Permanent · Rajahmundry
ZYDUS WELLNESS
Zydus Wellness - Factory Manager - Sikkim Plant
Permanent · Atlanta
ANUSHÉ PIRANI
Social Media & Fashion Communications
Permanent · MUMBAI
HARSH CLEAN DHAN PVT. LTD
Area Sales Manager (Modern Trade Sales) For North East
Permanent · Guwahati
RANDSTAD INDIA PVT LTD
Area Sales Manager (Consumer Durable Industry)
Permanent · Mumbai
AVRO INDIA LIMITED
Area Sales Manager- Ludhiana, Amritsar/ mP-Indore, Bhopal
Permanent · Ludhiana
AVRO INDIA LIMITED
Area Sales Manager- Ludhiana, Amritsar/ mP-Indore, Bhopal
Permanent · Ludhiana
SOSYO HAJOORI BEVERAGES PRIVATE LIMITED
Area Sales Manager
Permanent · Mumbai
VIKRAM TEA PROCESSOR PVT LTD
Area Sales Manager
Permanent · Ahmedabad
HERITAGE FOODS INDIA
Area Sales Manager(Hyderabad & Vijayawada) @ Hfl
Permanent · Hyderabad
NASH INDUSTRIES (I) PVT. LTD.
Production Manager Position With Nash Industries-Pune
Permanent · Pune
ACCELERATE SOCIAL WELFARE FOUNDATION
Area Sales Manager
Permanent · Noida
By
Reuters
Published
Aug 21, 2008
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Zumiez Q2 profit beats estimates; cuts '08 view

By
Reuters
Published
Aug 21, 2008

Aug 21 (Reuters) - Snowboarding gear retailer Zumiez Inc posted a better-than-expected quarterly profit, but lowered its fiscal 2008 outlook citing a challenging macro environment, sending its shares down as much as 8 percent.

The retailer of action-sports-related apparel, footwear, equipment and accessories said it now expects earnings of about 80 cents to 82 cents a share for fiscal 2008.

It had earlier forecast a profit of about 90 cents to 93 cents a share.

In a conference call with analysts, Zumiez said it cut its sales outlook for the year to between $418 million and $425 million, from its prior view of $430 million to $445 million.

For the second quarter ended Aug. 2, the company, which sells popular youth brands like Billabong, Burton, Hurley and Quiksilver, earned $2.7 million, or 9 cents a share. It reported a profit of $3.1 million, or 11 cents a share, a year earlier.

The mall-based retailer, which caters to young men and women between ages 12 and 24 years, said sales rose 12.5 percent to $92.3 million. However, sales at stores open at least a year fell 1.7 percent in the quarter.

Analysts on average had expected earnings of 7 cents a share, before special items, on revenue of $92.6 million, according to Reuters Estimates.

Zumiez, whose rivals include Pacific Sunwear of California Inc and Hot Topic Inc , said it expects third quarter same-store sales to fall in the mid-single digit range. For the fourth quarter, it sees same-store sales to decline in the low single-digit range.

Shares of the Everett, Washington-based company fell to a low of $12.10 in trading after the bell. They pared some of the losses and were down 50 cents at $12.60.

The shares closed at $13.19 in regular trading Thursday on Nasdaq. (Reporting by Dilipp S. Nag in Bangalore; Editing by Anil D'Silva, Gopakumar Warrier)

© Thomson Reuters 2021 All rights reserved.