Business Corpus: Zumiez Earnings Due: Youth Retailer Seen Swinging To ProfitWhen Zumiez reports second-quarter earnings after the close, Wall Street is expecting the youth-focused apparel retailer to swing to a profit. The post Zumiez Earnings Due: Youth Retailer Seen Swinging To Profit appeared first on Investor's Business Daily.

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When Zumiez (ZUMZ) reports second-quarter earnings after the close, Wall Street is expecting the youth-focused apparel retailer to swing to a profit.

Zumiez Earnings

Estimates: Per-share Zumiez earnings of 13 cents vs. a prior-year per-share loss of 2 cents, according to Zacks Investment Research. Sales are expected to grow 13.5% to $218 million. Consensus Metrix analysts project 5.5% same-store sales growth during the quarter.

Results: To be announced. Check back after the close.

Outlook: Current consensus is for full-year profit of $1.68 per share on revenue of $987 million.

Stock: Shares 1.2% at 30.46 in the stock market today. but have been hitting resistance at the 31.50 level. Its Relative Strength line is at highs not seen since late 2016, and the stock boasts a 95 Relative Strength rating.

Earlier Thursday, another youth-focused retailer, Urban Outfitters (URBN), said retail segment same-store sales during Q3 to date were up 10% as of Sept. 3.

That's down from Q2's 13% gain, but the current quarter is outperforming guidance, for now. Last month, management said Q3 comp growth would be in the "high single-digits" — as comparisons against the last year's Q3 get tougher.

But shares sank 7% on Thursday.

Retailers have collectively turned in pretty strong results this earnings season, though not all have benefited equally. Retail Metrics President Ken Perkins writing Tuesday that retailers are "wrapping up what was the best earnings season in over 8 years."

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The post Zumiez Earnings Due: Youth Retailer Seen Swinging To Profit appeared first on Investor's Business Daily.