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Zumiez Up on High Same Store Sales
I have been a bull on this but I am thinking it might be time to take profits. Not sure which way to call this. Story is still young. Anyone analyze their fundamentals recently? »
Reader Question – Zumiez
Q) FAISAL, you named things in Zumiez favor last June. After bouncing $14 from the Aug/Sept lows of $20-ish to $33s+/34.00 during October, the shares have fallen for 30 days from $34-ish and o make a $7+ dip to $27-$28. ZUMZ is also down $11-$12 from the Spring/July $38 highs. Meantime updating the good... »
Retail Stocks Move Higher
With the same store sales reports coming out strong, of the first 44 retailers to report September results, 32 topped analysts’ expectations and 12 fell short, according to Thomson Financial. Both Zumiez (ZUMZ) and Abercrombie (ANF) up big today and over the last few weeks. I have been bullish on both of these for... »
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