Why Zumiez Inc. Stock Popped Today

Shares of Zumiez Inc. (NASDAQ: ZUMZ) were surging today after the streetwear retailer posted better-than-expected results in its second-quarter earnings report and gave strong guidance for the current quarter. As of 10:53 a.m. EDT, the stock was up 20.2%.

The company beat estimates on both top and bottom lines as revenue rose 7.8% to $192.2 million, edging out expectations at $192.1 million. Meanwhile, a loss of $0.03 a share a year ago narrowed to a loss of $0.02 a share, topping the analyst consensus of minus $0.06 a share.

Image source: Zumiez.

Source: Fool.com