Zulily Q1 Loss Narrows

(RTTNews) - Zulily Inc. (ZU) Tuesday reported first-quarter net loss of $2.95 million or $0.02 per share, narrower than last year's loss of $4.13 million or $0.09 per share last year.

First-quarter net sales increased 87 percent to $237.9 million from $127.0 million last year.

Analysts polled by Thomson Reuters expected the company to earn $0.01 per share on revenues of $233.58 million for the quarter. Analysts' estimates typically exclude special items.

Moving ahead, the company expects net sales of between $261.0 million to $276.0 million. Analyst currently see sales of $248.54 million for the quarter.

For the full year, net sales are expected to be between $1.15 billion to $1.20 billion. Analysts currently see sales of $1.15 billion for the year.