Welcome to our dedicated page for Zumiez news (Ticker: ZUMZ), a resource for investors and traders seeking the latest updates and insights on Zumiez stock.
Zumiez Inc. (NASDAQ: ZUMZ) is a leading specialty retailer connecting youth culture with action sports-inspired apparel, footwear, and lifestyle products. This page serves as the definitive source for official company announcements and market-moving developments.
Investors and industry observers will find curated access to earnings reports, management changes, product launches, and strategic initiatives. Our news collection spans financial filings, partnership announcements, store expansions, and brand updates across Zumiez's global operations.
All content is sourced from verified corporate communications and regulatory disclosures, organized chronologically for historical analysis. Key coverage areas include quarterly results, leadership updates, ecommerce developments, and trends impacting the youth apparel market.
Bookmark this page for streamlined tracking of Zumiez's performance in the competitive specialty retail sector. Combine regular visits with SEC filings for comprehensive due diligence.
Zumiez reported a challenging fourth quarter and fiscal year ended January 28, 2023. Net sales for Q4 decreased by 19.2% to $280.1 million, while net income fell to $11.4 million from $38.2 million year-over-year. For the fiscal year, total net sales dropped 19.0% to $958.4 million, and net income significantly decreased to $21.0 million from $119.3 million in the previous year. The company held $173.5 million in cash at the end of January 2023. Zumiez introduced a cautious outlook for Q1 2023, projecting net sales between $178 million and $184 million with expected losses per share between $0.85 and $0.95.
Zumiez Inc. (NASDAQ: ZUMZ) will release its fiscal 2022 fourth quarter and full year financial results on March 9, 2023, after market close. A conference call is scheduled for 5:00 p.m. ET to discuss the findings. Interested parties can register through the provided link to receive dial-in details and access the live webcast on the company's investor relations site. Zumiez operates 758 stores globally, catering to young men and women interested in action sports, streetwear, and related cultures, including various e-commerce sites.
