Why Zumiez Stock Just Popped 12.2%
Shares of sportswear retailer Zumiez (NASDAQ: ZUMZ) are ending the week on a high note, rising 13% through 11:05 a.m. EDT on Friday after the company reported three times the profit Wall Street analysts had forecast, along with a beat on revenue.
Heading into Zumiez's Q2 2020 report, analysts had forecast the company would earn $0.33 per share on sales of $234.2 million. Instead, Zumiez said it earned $1.01 per share on sales of $250.4 million.
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Source Fool.com
