LYNNWOOD — Zumiez Inc. (ZUMZ) on Thursday reported fiscal fourth-quarter net income of $37.9 million. The Lynnwood-based company said it had profit of $1.48 per share.
The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.36 per share.
The clothing retailer posted revenue of $328.8 million in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $326 million. For the year, the company reported profit of $66.9 million, or $2.62 per share. Revenue was reported as $1.03 billion.
For the quarter ending in May, Zumiez said it expects revenue in the range of $219 million to $223 million. Analysts surveyed by Zacks expected revenue of $221.7 million.
