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Why Zumiez Stock Just Wiped Out

TheMotleyFool

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Shares of snow sportswear-maker Zumiez (NASDAQ: ZUMZ) fell 12.8% as of 10:15 a.m. ET on Friday, after the company missed analyst targets for fourth-quarter sales and earnings last night.

Heading into Q4, Wall Street had predicted Zumiez would earn $1.76 per share on sales of $353.2 million in the quarter. In fact, Zumiez says its earnings were only $1.70 per share, and sales were $346.7 million.

Image source: Getty Images.

Source Fool.com

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