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 specialty retailer of apparel, footwear, accessories, equipment and hardgoods for young men and women, with merchandise rooted in the fashion, music, art and culture of action sports, streetwear and other unique lifestyles. This news page focuses on company announcements and performance updates that Zumiez releases through its press communications.
Readers can find quarterly earnings reports, where Zumiez discusses net sales, comparable sales trends, gross margin performance and profitability. These releases often highlight how key categories such as Women’s, Men’s, Accessories, Hardgoods and Footwear have performed over the period. The company also breaks out comparable sales for North America and for other international markets, which include Europe and Australia.
Zumiez’s news flow includes holiday and seasonal sales updates, where it reports comparable sales for specific multi-week periods and comments on category and regional trends. The company provides context on which merchandise categories are driving growth or facing headwinds and how North American results compare with other international regions.
Investors and followers of ZUMZ can also see announcements about financial guidance, stock repurchase authorizations and store opening plans. Press releases outline projected ranges for upcoming quarter net sales, expected operating margins and earnings per share, as well as the company’s intentions for new store openings across North America, Europe and Australia.
For anyone tracking ZUMZ stock, this news page offers a centralized view of Zumiez’s official communications about its business performance, category trends, regional dynamics and capital allocation decisions over time.
Zumiez reported improved financial results for Q3 2024, with net sales increasing 2.9% to $222.5 million and comparable sales rising 7.5%. The company turned a profit with net income of $1.2 million ($0.06 per share), compared to a net loss of $2.2 million in Q3 2023. Gross margin improved by 140 basis points to 35.2%.
For the first nine months of 2024, total sales grew 2.8% to $610.0 million with comparable sales up 3.2%. The company's cash position stood at $99.3 million. Looking ahead, Q4 guidance projects net sales between $284-288 million with earnings per share of $0.83-0.93. The company plans to close approximately 33 stores while opening 7 new locations in fiscal 2024.
Zumiez Inc. (NASDAQ: ZUMZ) has scheduled its fiscal 2024 third quarter results announcement for Thursday, December 5, 2024, after market close. The company will host a conference call at 5:00 p.m. ET to discuss the results. Zumiez, a specialty retailer of apparel, footwear, and accessories, currently operates 752 stores globally, including 592 in the United States, 46 in Canada, 87 in Europe, and 27 in Australia under the brands Zumiez, Blue Tomato, and Fast Times. The company also maintains e-commerce presence through zumiez.com, blue-tomato.com, and fasttimes.com.au.
Zumiez Inc. (NASDAQ: ZUMZ) reported improved financial results for Q2 2024. Net sales increased 8.1% to $210.2 million, with comparable sales up 3.6%. The company narrowed its net loss to $0.8 million ($0.04 per share) from $8.5 million ($0.44 per share) in Q2 2023. Gross margin improved by 250 basis points to 34.2%. For the first six months of fiscal 2024, net sales grew 2.7% to $387.6 million, with a net loss of $17.6 million ($0.91 per share).
The company's Q3 outlook projects net sales between $221-$225 million, representing 2-4% growth. Third quarter-to-date comparable sales are up 12.1%. Zumiez plans to open 9 new stores and close approximately 25 in fiscal 2024. The company repurchased 0.9 million shares during Q2 at an average cost of $20.55 per share.
Zumiez Inc. (NASDAQ: ZUMZ) has announced that it will release its fiscal 2024 second quarter results on Thursday, September 5, 2024, after the stock market closes. The company will host a conference call at 5:00 p.m. ET to discuss the results. Interested parties can pre-register for the call or access it through a live webcast on the company's investor relations website.
Zumiez is a leading specialty retailer of apparel, footwear, accessories, and hardgoods for young men and women. As of August 3, 2024, the company operates 750 stores across the United States (592), Canada (46), Europe (86), and Australia (26) under the brands Zumiez, Blue Tomato, and Fast Times. Zumiez also maintains e-commerce websites for each of its brands.
Zumiez (NASDAQ: ZUMZ) reported a 3% decrease in net sales to $177.4 million for Q1 FY2024, compared to $182.9 million in Q1 FY2023. The net loss narrowed to $16.8 million ($0.86 per share) from $18.4 million ($0.96 per share) in the prior year. Cash and marketable securities stood at $146.6 million, down from $155.3 million, mainly due to $17.5 million in capital expenditures, partially offset by $9.1 million from operations.
CEO Rick Brooks highlighted improvements in North American sales and better margins in Europe. For Q2 FY2024, the company projects net sales of $199-$204 million and a loss per share between $0.30-$0.40. Additionally, Zumiez plans to open around 10 new stores globally in FY2024 and has authorized a $25 million stock repurchase program.
Zumiez (NASDAQ: ZUMZ) announced it will report fiscal 2024 first-quarter results on June 6, 2024, after market close. The company will hold a conference call at 5:00 p.m. ET to discuss the results, accessible via pre-registration. A live webcast will be available on the Zumiez investor relations website, with a replay provided for a time. As of May 4, 2024, Zumiez operates 751 stores across the US, Canada, Europe, and Australia, under brands Zumiez, Blue Tomato, and Fast Times. The company specializes in apparel, footwear, accessories, and hardgoods for youth culture. Contact details for further inquiries are provided in the release.
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