Zulily Posts Strong Q4 Customer Growth, Stock Soars

By | February 25, 2014

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The stock of flash sale Internet retailer Zulily (ZU) was up 37% in midday trading in the stock market today, after the company, which went public in November, late Monday posted Q4 revenue and earnings well above expectations. Zulily said it earned 10 cents a share minus items, up 233% from the year-earlier period and easily beating the 4-cent average estimate of six analysts polled by Thomson Reuters. Revenue doubled to $257 million, where Scalper1 News

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