Insider Trading : Wed 6/7/23

Notable purchases -- CEO/10% owner adds to ZUMZ; notable sales -- CEO active in ALTR

Buyers:

• ATHA Chief Financial Officer and Chief Business Officer bought 65,012 shares at $2.85 - $3.02 worth ~$192K.
• DE Director bought 675 shares at $ $370.57 - $371.38 worth ~$250K.
• FCPT President and CEO bought 7,600 shares at $26.05 - $26.08 worth ~$198K.
• ISTR Director bought 10,000 shares at $11.25 - $11.57 worth ~$114K.
• PRAA Director bought 7,425 shares at $20.16 - $20.20 worth ~$150K.
• ZUMZ CEO/10% owner and President - International bought a total of 84,930 shares at $13.22 - $14.67 worth ~$1.1 mln.

Sellers:

• ALTR CEO sold 9,267 shares at $73.88 - $74.64 worth ~$689K.

Zumiez (ZUMZ) reported earnings on Thur 3 Dec 20 (a/h)

 ** charts after earnings **

 

Zumiez beats by $0.40, beats on revs, comps +8.1% for stores that were open; also announces $100 mln share repurchase program

Reports Q3 (Oct) earnings of $1.16 per share, $0.40 better than the S&P Capital IQ Consensus of $0.76; revenues rose 2.7% year/year to $271 mln vs the $246.2 mln S&P Capital IQ Consensus.

Due to store closures, stores were open for approximately 95% of the third quarter of 2020 measured as the total number of store days open in the quarter divided by the total number of store days available.

For the stores that were open, comparable sales for the thirteen weeks ended October 31, 2020 increased 8.1% compared to the same period a year ago.

Due to the fast-moving nature of this situation and the uncertainty of impacts on revenue and costs, the company previously withdrew its full year fiscal 2020 guidance. The company is not providing an updated outlook at this time for the fourth quarter or the year.

Co also announces $100 mln share repurchase program.

Zumiez (ZUMZ) reported earnings on Thur 6 June 19 (a/h)

** charts before earnings **

 

** charts after earnings **

Zumiez beats by $0.12, beats on revs, comps +3.3%; guides Q2 in-line 

• Reports Q1 (Apr) earnings of $0.03 per share, $0.12 better than the S&P Capital IQ Consensus of ($0.09); revenues rose 3.2% year/year to $212.9 mln vs the $205.96 mln S&P Capital IQ Consensus.
• Co issues in-line guidance for Q2, sees EPS of $0.14-0.20 vs. $0.19 S&P Capital IQ Consensus; sees Q2 revs of $220-224 mln vs. $222.06 mln S&P Capital IQ Consensus; comparable sales growth of between 0.0% and 2.0%. The Company currently intends to open approximately 15 new stores in fiscal 2019, including up to 6 stores in North America, 7 stores in Europe and 2 stores in Australia.

** 2 months later **

 

Earnings this week : June 3 - 7, 19 (wk 23)

Monday (June 3)

• Afternoon: BOX CAL COUP GSM

Tuesday (June 4)

• Morning: CBRL CMD DCI LE NAV TIF
• Afternoon: AMBA CRM GME GWRE HQY NX PVTL

Wednesday (June 5)

• Morning: AEO BF.B CPB GIII SCWX VRA
• Afternoon: ABM CLDR ESTC FIVE GEF MDB REVG SMAR SFIX UNFI

Thursday (June 6)

• Morning: CIEN HOME KIRK MIK SAIC SIG SJM
• Afternoon: BYND DOCU DOMO GES OLLI PD PRSP MTN ZM ZUMZ

Friday (June 7) 
None

• Monday: May ISM Manufacturing Index (prior 52.8) and April Construction Spending (prior -0.9%) at 10:00 ET
• Tuesday: April Factory Orders (prior 1.9%) at 10:00 ET
• Wednesday: Weekly MBA Mortgage Index (prior -3.3%) at 7:00 ET; May ADP Employment Change (prior 275,000) at 8:15 ET; May ISM Non-Manufacturing Index (prior 55.5) at 10:00 ET; weekly crude oil inventories (prior -300,000) at 10:30 ET; and Fed's June Beige Book at 14:00 ET
• Thursday: Weekly Initial Claims (prior 215,000), Continuing Claims (prior 1.657 mln), April Trade Balance (prior -$50.00 bln), Q1 Revised Productivity (prior 3.6%) and Q1 Revised Unit Labor Costs (prior -0.9%) at 8:30 ET; and weekly natural gas inventories (prior +114 bcf) at 10:30 ET
• Friday: May Nonfarm Payrolls (prior 263,000), Nonfarm Private Payrolls (prior 236,000), Average Hourly Earnings (prior 0.2%), Unemployment Rate (prior 3.6%), and Average Workweek (prior 34.4) at 8:30 ET; April Wholesale Inventories (prior -0.1%) at 10:00 ET; and April Consumer Credit (prior $10.30 bln) at 15:00 ET

=Zumiez (ZUMZ) reported earnings on Thur 7 June 2018 (a/h)

Zumiez beats by $0.02, beats on revs; guides JulQ EPS above consensus, revs above consensus; AprQ comps were +8.3%, guides to +3-5% comps in JulQ 

• Reports Q1 (Apr) loss of $(0.10) per share, $0.02 better thanthe Capital IQ Consensus of ($0.12); revenues rose 13.9% year/year to $206.3 mln vs the $199.3 mln Capital IQ Consensus and vs prior guidance of $198-202 mln.
  • Co reports AprQ same store comps of +8.3%.
• Co issues upside guidance for Q2 (Jul), sees EPS of $0.04-0.09 vs. ($0.01) Capital IQ Consensus Estimate; sees Q2 revs of $213-217 mln vs. $202.05 mln Capital IQ Consensus Estimate.
  • Co guides to JulQ comps of +3-5%.
• Co reports May monthly comps of +7.5%.

=Zumiez (ZUMZ) reported earnings on Thur 30 Nov 2017 (a/h)

Zumiez reports EPS in-line, revs in-line; guides Q4 EPS in-line, revs above consensus 

• Reports Q3 (Oct) earnings of $0.48 per share, excluding non-recurring items, in-line with the Capital IQ Consensus of $0.48; revenues rose 11.0% year/year to $245.8 mln vs the $244.5 mln Capital IQ Consensus.
  • Comparable sales for the thirteen weeks ended October 28, 2017 increased 7.9% compared to a comparable sales increase of 4.0% for the thirteen weeks ended October 29, 2016.
• Co issues guidancefor Q4, sees EPS of $0.78-0.84, excluding non-recurring items, vs. $0.79 Capital IQ Consensus Estimate; sees Q4 revs of $291-297 mln vs. $288.49 mln Capital IQ Consensus Estimate.
  • Guidance is based upon anticipated comparable sales growth between 3% and 5% for the fourth quarter of fiscal 2017.
  • Remains on track to open approximately 19 new stores in fiscal 2017, including up to 3 stores in Canada and 5 stores in Europe and 2 stores in Australia. 

=Zumiez (ZUMZ) reported earnings on Thur 7 Sept 17 (a/h)

Zumiez beats by $0.04, reports revs in-line; comparable sales +7.4% y/y; guides Q3 EPS above consensus, revs above consensus, comps +4%-6%

• Reports Q2 (Jul) loss of $0.02 per share, $0.04 better than the Capital IQ Consensus of ($0.06); revenues rose 7.8% year/year to $192.2 mln vs the $192.12 mln Capital IQ Consensus.
  • Comparable sales for the thirteen weeks ended July 29, 2017 increased 4.7% compared to a comparable sales decrease of 4.9% for the thirteen weeks ended July 30, 2016.
• Co issues upside guidance for Q3, sees EPS of $0.43-0.48 vs. $0.43 Capital IQ Consensus Estimate; sees Q3 revs of $236-241 mln vs. $228.21 mln Capital IQ Consensus Estimate.
  • Guidance is based upon anticipated comparable sales growth between 4%-6% for the third quarter of fiscal 2017.
  • The Company currently intends to open approximately 18 new stores in fiscal 2017, including up to 3 stores in Canada and 4 stores in Europe and 2 stores in Australia.
• August Sales
  • Total net sales for the four-week period ended August 26, 2017 increased 10.1% to $98.6 mln, compared to $89.5 mln for the four-week period ended August 27, 2016.
  • The Company's comparable sales increased 7.4% for the four-week period ended August 26, 2017 compared to a comparable sales decrease of 1.1% for the four-week period ended August 27, 2016.
• Rick Brooks, Chief Executive Officer of Zumiez Inc., stated, "Our business outperformed our expectations during the second quarter highlighted by a 4.7% comparable sales increase. I am extremely pleased with how well our teams continue to execute in the current environment. Our intense focus on serving our consumer with differentiated assortments and great service is fueling market share gains and strengthening our leadership position in the industry. We will continue to invest in our people and omni-channel capabilities while tightly controlling expenses as we look to consistently drive profitable growth and increased shareholder value over the long-term."

=Zumiez (ZUMZ) reported earnings on Thur 1 June 17 (a/h)

• Zumiez reports 1Q loss

LYNNWOOD, Wash. (AP) _ Zumiez Inc. (ZUMZ) on Thursday reported a loss of $4.4 million in its fiscal first quarter.

The Lynnwood, Washington-based company said it had a loss of 18 cents per share.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 20 cents per share.

The clothing retailer posted revenue of $181.2 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $179.4 million.

For the current quarter ending in August, Zumiez said it expects revenue in the range of $185 million to $189 million. Analysts surveyed by Zacks had expected revenue of $185.4 million.

Zumiez shares have dropped 34 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $14.45, a fall of 2 percent in the last 12 months.

=Zumiez (ZUMZ) reported earnings on Thur 9 March 2017 (a/h)

• Zumiez beats Street 4Q forecasts

LYNNWOOD, Wash. (AP) _ Zumiez Inc. (ZUMZ) on Thursday reported fiscal fourth-quarter net income of $18.2 million.

The Lynnwood, Washington-based company said it had net income of 74 cents per share.

The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 66 cents per share.

The clothing retailer posted revenue of $263.6 million in the period, which also beat Street forecasts. Six analysts surveyed by Zacks expected $261.7 million.

For the year, the company reported profit of $25.9 million, or $1.04 per share. Revenue was reported as $836.3 million.

For the current quarter ending in May, Zumiez said it expects revenue in the range of $178 million to $182 million. Analysts surveyed by Zacks had expected revenue of $184.6 million.

Zumiez shares have dropped almost 4 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $21, a decrease of 2 percent in the last 12 months.

=Zumiez (ZUMZ) reported earnings Thur 2 June 2016 (a/h)

 Zumiez beats by $0.03, reports revs in-line; guides Q2 below consensus; reports May same store sales -7.6% vs -6.4% Retail Metrics consensus :

• Reports Q1 (Apr) loss of $0.08 per share, $0.03 better than the Capital IQ Consensus of ($0.11) -- in-line with guidance for at or slightly below low end of its prior range of ($0.07) -($0.11); revenues fell 2.6% year/year to $173 mln vs the $172.4 mln Capital IQ Consensus.
• Co issues downside guidance for Q2, sees EPS of ($0.09)-(0.13) vs. $0.05 Capital IQ Consensus Estimate; sees Q2 revs of $172 to $176 mln vs. $181.30 mln Capital IQ Consensus Estimate. This guidance is based on an anticipated comparable sales decrease in the 6% to 8% range for the second quarter of fiscal 2016. The Company currently intends to open ~29 new stores in fiscal 2016, including up to 6 stores in Canada and 7 stores in Europe.

ZUMZ — is it a sell?

• March 11: Is ZUMZ a sell?   $19.48 

• 6 weeks later:

Zumiez (ZUMZ) reported earnings Thur 3 Dec 2015 (a/h)

** charts before earnings **

 

** charts  4 days after earnings **

 

Zumiez beats by $0.07, reports revs in-line; guides Q4 well below consensus; adds $70 mln to buyback:

• Reports Q3 (Oct) earnings of $0.36 per share, $0.07 better than the Capital IQ Consensus of $0.29; revenues fell 4.2% year/year to $204.3 mln vs the $204.21 mln Capital IQ Consensus.
  • Comps -7.3% vs. +3.7% last year.
• Co issues downside guidance for Q4, sees EPS of $0.40-0.46 vs. $0.63 Capital IQ Consensus Estimate; sees Q4 revs of $226-231 mln vs. $254.77 mln Capital IQ Consensus Estimate. 
• November comps -13.8% vs. -7.4% Retail Metrics Consensus.
• "We've moved quickly to reduce expenses to protect profitability in the face of challenging sales trends, which helped us exceed our bottom line guidance for the third quarter. With the fourth quarter off to a slow start combined with tougher sales comparisons ahead, we believe it's prudent to maintain a cautious outlook for the remainder of fiscal 2015 and we are focused on managing expenses and inventory levels during this difficult time."
• Adds $70 mln to buyback

ZUMZ — is it a buy?

• 11/20/15:  Is ZUMZ a buy?

• 2 weeks later: