Zumiez downgraded to Neutral from Buy at DA Davidson DA Davidson downgraded Zumiez after the company reported a significantly lower than expected October comp and lowered its Q3 EPS guidance. Price target to $25 from $36.
News For ZUMZ From The Last 14 Days
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Zumiez reports Q3 EPS 39c, consensus 46c Reports Q3 revenue $191.1M, consensus $190.72M. Reports Q3 SSS up 1.5%. The results for FY13 include costs of $1.7M for charges associated with the acquisition of Blue Tomato and $1.3 million for the conditional settlement of a previously disclosed California class action wage and hour lawsuit, or 7c per diluted share.