Zumiez Inc. ZUMZ, +0.26% shares fell 6% to $18.10 after hours Thursday, following its report of third-quarter earnings that exceeded its guidance and a "positive start" to the fourth quarter.
The retailer earned 55 cents a share, above Sept. 6 guidance of 45 cents to 51 cents, for the quarter ended Nov. 3.
Zumiez, which previously released monthly sales figures, posted a 4.8% comparable sales increase for the quarter and 2.3% for the four weeks ended Dec. 1.
For the fourth quarter, it expects earnings of $1.02 to $1.08 a share on net sales of $295 million to $301 million, with comparable sales ranging from flat to up 2%.
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