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Zumiez Inc. (ZUMZ) Fell To A 2-Month Low On Weak Q2 Forecast

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5/21/2012 8:03 AM ET

Zumiez Inc. (ZUMZ: Quote) reported first quarter net income of $0.14 per share after the bell Thursday, up from $0.06 per share in the prior year period. The consensus estimate was for EPS of $0.11. Second quarter EPS is expected to be between $0.04 and $0.06, which is below the consensus estimate of $0.10.

Zumiez declined during the first half of the morning Friday, but was range-bound for the remainder of the session. The stock closed down by 2.57 at $32.59, with volume at over a 4-month high. Zumiez finished at over a 2-month low.

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by RTT Staff Writer

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