ITG: Zulily's Q2 tracking above consensus

|By:, SA News Editor

ITG Research thinks Zulily's (ZU -0.8%) Q2 results are tracking well above Street estimates and the company's guidance. The firm believes both pricing and volume strength are contributing.

Shares spiked higher on the report, but have quickly reversed course. They crashed in May after Zulily provided a soft Q2 profit outlook to go with above-consensus revenue guidance.

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