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 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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