Zumiez Inc. Reports Holiday 2024 Sales Results
Zumiez Inc. (NASDAQ: ZUMZ) reported a 5.6% increase in comparable sales for the nine-week period ending January 4, 2025, compared to the same period in the prior year. North America saw a 6.9% increase in sales, while international sales, including Europe and Australia, grew by 1.1%. The Women's category experienced the highest growth, followed by Men's and Footwear. Conversely, Accessories and Hardgoods categories saw declines.
Based on these results, Zumiez anticipates fiscal 2024 fourth-quarter net sales to be between $275 million and $277 million, down from the previous guidance of $284 million to $288 million. Earnings per share (EPS) are expected to range from $0.72 to $0.77, lower than the earlier forecast of $0.83 to $0.93. The company noted that the fourth quarter of fiscal 2023 included an additional week, impacting year-over-year growth by approximately 4%.
CEO Rick Brooks acknowledged the solid sales growth but noted that results were below expectations during the peak holiday weeks. He expressed confidence in the company's recent changes to merchandise assortments and customer engagement tactics, aiming for further gains in fiscal 2025.
Zumiez Inc. (NASDAQ: ZUMZ) ha riportato un incremento del 5,6% delle vendite comparabili per il periodo di nove settimane conclusosi il 4 gennaio 2025, rispetto allo stesso periodo dell'anno precedente. In Nord America c'è stato un incremento del 6,9% delle vendite, mentre le vendite internazionali, comprese Europa e Australia, sono cresciute del 1,1%. La categoria Donna ha registrato la crescita più elevata, seguita dalla categoria Uomo e Calzature. Al contrario, le categorie Accessori e Articoli Fissi hanno visto un declino.
Basandosi su questi risultati, Zumiez prevede che le vendite nette del quarto trimestre dell'anno fiscale 2024 saranno tra 275 milioni e 277 milioni di dollari, in calo rispetto alla previsione precedente di 284 milioni a 288 milioni di dollari. Si prevede che gli utili per azione (EPS) oscilleranno tra 0,72 e 0,77 dollari, inferiore rispetto alla precedente previsione di 0,83 a 0,93 dollari. La società ha notato che il quarto trimestre dell'anno fiscale 2023 includeva una settimana aggiuntiva, influenzando la crescita anno su anno di circa 4%.
Il CEO Rick Brooks ha riconosciuto la solida crescita delle vendite, ma ha notato che i risultati erano al di sotto delle aspettative durante le settimane di punta delle festività. Ha espresso fiducia nei recenti cambiamenti dell'azienda nelle assortimenti di merce e nelle tattiche di coinvolgimento dei clienti, mirando a ulteriori guadagni nell'anno fiscale 2025.
Zumiez Inc. (NASDAQ: ZUMZ) reportó un incremento del 5.6% en las ventas comparables durante el período de nueve semanas que terminó el 4 de enero de 2025, en comparación con el mismo período del año anterior. América del Norte vio un incremento del 6.9% en las ventas, mientras que las ventas internacionales, incluyendo Europa y Australia, crecieron un 1.1%. La categoría de Mujer experimentó el mayor crecimiento, seguida por las categorías de Hombre y Calzado. Por el contrario, las categorías de Accesorios y Bienes Duros vieron disminuciones.
Con base en estos resultados, Zumiez anticipa que las ventas netas del cuarto trimestre del año fiscal 2024 estarán entre 275 millones y 277 millones de dólares, por debajo de la guía previa de 284 millones a 288 millones de dólares. Se espera que las ganancias por acción (EPS) oscilen entre 0.72 y 0.77 dólares, inferior a la previsión anterior de 0.83 a 0.93 dólares. La compañía señaló que el cuarto trimestre del año fiscal 2023 incluyó una semana adicional, impactando el crecimiento interanual en aproximadamente un 4%.
El CEO Rick Brooks reconoció el sólido crecimiento en las ventas, pero señaló que los resultados fueron inferiores a las expectativas durante las semanas pico de las festividades. Expresó confianza en los recientes cambios en los assortimentos de mercancías y las tácticas de participación del cliente, con miras a obtener más ganancias en el año fiscal 2025.
Zumiez Inc. (NASDAQ: ZUMZ)는 2025년 1월 4일로 끝나는 9주간의 기간 동안 비교 가능한 매출이 5.6% 증가했다고 보고했습니다. 북미에서는 6.9% 증가한 반면, 유럽과 호주를 포함한 해외 판매는 1.1% 증가했습니다. 여성 카테고리는 가장 높은 성장을 보였고, 그 뒤를 남성 및 신발 카테고리가 따랐습니다. 반면, 액세서리 및 하드굿 카테고리는 감소세를 보였습니다.
이러한 결과를 바탕으로, Zumiez는 2024 회계연도 4분기 순매출이 2억 7500만 달러에서 2억 7700만 달러 사이가 될 것으로 예상하고 있으며, 이전 안내 예상치인 2억 8400만 달러에서 2억 8800만 달러보다 하회하는 수치입니다. 주당 순이익(EPS)은 0.72에서 0.77 달러 사이일 것으로 예상되며, 이전 예상치인 0.83에서 0.93 달러보다 낮습니다. 해당 회사는 2023 회계연도 4분기에 추가 주가 포함되어 연간 성장률에 약 4%의 영향을 미쳤다고 언급했습니다.
CEO Rick Brooks는 매출이 견조하게 증가했다고 인정하면서도 연말 쇼핑 시즌 동안 결과가 기대에 미치지 못했다고 언급했습니다. 그는 회사의 최근 상품 조합 및 고객 참여 전술에 대한 자신감을 표명하며 2025 회계연도에 더 큰 성과를 기대하고 있습니다.
Zumiez Inc. (NASDAQ: ZUMZ) a annoncé une augmentation de 5,6% des ventes comparables pour la période de neuf semaines se terminant le 4 janvier 2025, par rapport à la même période de l'année précédente. L'Amérique du Nord a enregistré une augmentation de 6,9% des ventes, tandis que les ventes internationales, y compris en Europe et en Australie, ont augmenté de 1,1%. La catégorie Femme a connu la plus forte croissance, suivie des catégories Homme et Chaussures. En revanche, les catégories Accessoires et Produits Durs ont enregistré des baisses.
S'appuyant sur ces résultats, Zumiez s'attend à ce que les ventes nettes du quatrième trimestre de l'exercice 2024 se situent entre 275 millions et 277 millions de dollars, en baisse par rapport aux prévisions précédentes de 284 millions à 288 millions de dollars. Les bénéfices par action (EPS) devraient se situer entre 0,72 et 0,77 dollar, inférieurs à la précédente prévision de 0,83 à 0,93 dollar. L'entreprise a noté que le quatrième trimestre de l'exercice 2023 comprenait une semaine supplémentaire, impactant la croissance annuelle d'environ 4%.
Le PDG Rick Brooks a reconnu la solide croissance des ventes, mais a noté que les résultats étaient inférieurs aux attentes pendant les semaines de pointe des fêtes. Il a exprimé sa confiance dans les récents changements de l'entreprise en matière d'assortiments de marchandises et de tactiques d'engagement client, visant à de nouveaux gains pour l'exercice 2025.
Zumiez Inc. (NASDAQ: ZUMZ) berichtete von einem Umsatzwachstum von 5,6% bei den vergleichbaren Verkaufszahlen für den Zeitraum von neun Wochen, der am 4. Januar 2025 endete, im Vergleich zum gleichen Zeitraum im Vorjahr. Nordamerika verzeichnete einen Umsatzanstieg von 6,9%, während die internationalen Verkäufe, einschließlich Europa und Australien, um 1,1% zunahmen. Die Kategorie Damen erzielte das höchste Wachstum, gefolgt von den Kategorien Herren und Schuhwerk. Im Gegenzug verzeichneten die Kategorien Accessoires und Hartwaren Rückgänge.
Basierend auf diesen Ergebnissen erwartet Zumiez, dass die Nettoumsätze im vierte Quartal des Geschäftsjahres 2024 zwischen 275 Millionen und 277 Millionen Dollar liegen werden, was einen Rückgang gegenüber der vorherigen Prognose von 284 Millionen bis 288 Millionen Dollar darstellt. Der Gewinn pro Aktie (EPS) wird voraussichtlich zwischen 0,72 und 0,77 Dollar liegen, was unter der früheren Vorhersage von 0,83 bis 0,93 Dollar liegt. Das Unternehmen stellte fest, dass das vierte Quartal des Geschäftsjahres 2023 eine zusätzliche Woche beinhaltete, was das Wachstum im Jahresvergleich um etwa 4% beeinflusste.
CEO Rick Brooks erkannte das solide Umsatzwachstum an, merkte jedoch an, dass die Ergebnisse während der Hauptsaison der Feiertage hinter den Erwartungen zurückblieben. Er äußerte Vertrauen in die jüngsten Änderungen bei den Warenassortiments und den Kundenbindungstaktiken des Unternehmens und strebt an, im Geschäftsjahr 2025 weitere Gewinne zu erzielen.
- 5.6% increase in comparable sales for the nine-week period.
- 6.9% growth in North American sales.
- Women's category posted the largest positive comparable sales growth.
- Fourth-quarter net sales guidance lowered to $275-$277 million from $284-$288 million.
- Earnings per share guidance reduced to $0.72-$0.77 from $0.83-$0.93.
- Fourth-quarter results impacted negatively by an additional week in the previous year.
Insights
The holiday sales report reveals concerning trends beneath the surface. While the 5.6% comparable sales growth appears positive, the reduced Q4 guidance signals operational challenges. The revised EPS forecast of
The geographical performance disparity is notable - North America's
Particularly concerning is the softer-than-expected performance during peak holiday weeks, traditionally the strongest period for retailers. The projected Q4 revenue of
The performance metrics reveal critical shifts in youth retail dynamics. The Women's category leading growth suggests successful merchandise positioning in this demographic, but the weakness in Accessories and Hardgoods - typically high-margin categories - points to broader challenges in discretionary spending patterns.
With 745 stores across multiple regions, the stark performance gap between North America and international markets (
The holiday performance shortfall despite apparent strategic merchandise adjustments suggests deeper structural challenges in capturing youth spending, especially given the critical nature of the holiday season for specialty retail. This could force a reevaluation of the company's store footprint and digital integration strategy in 2025.
Updates Fourth Quarter Outlook
LYNNWOOD, Wash., Jan. 13, 2025 (GLOBE NEWSWIRE) -- Zumiez Inc. (NASDAQ: ZUMZ) a leading specialty retailer of apparel, footwear, equipment and accessories for young men and women, today announced that the Company's comparable sales for the nine-week period ended January 4, 2025 increased
From a regional perspective, North America comparable sales were up
During the nine-week period, the Women’s category posted the largest positive comparable sales growth, followed by Men’s and Footwear. Accessories was the most negative category, followed by Hardgoods.
Based on results for the nine-week period ended January 4, 2025, the Company now anticipates fiscal 2024 fourth quarter net sales will be between
Rick Brooks, Chief Executive Officer of Zumiez Inc., stated, “We achieved solid, mid-single-digit comparable sales growth for the first two months of our fiscal fourth quarter, however this result was below our planned comparable sales for the quarter. After generally trending on plan through early December, we saw softer than expected results in the peak weeks of holiday. We continue to be confident that the recent changes we’ve made to our merchandise assortments and customer engagement tactics have the business positioned to deliver further top and bottom-line gains. We look forward to building on our recent progress in fiscal 2025 and generating greater value for our shareholders in the years to come.”
About Zumiez Inc.
Zumiez is a leading specialty retailer of apparel, footwear, accessories and hardgoods for young men and women who want to express their individuality through the fashion, music, art and culture of action sports, streetwear, and other unique lifestyles. As of January 4, 2025, we operated 745 stores, including 584 in the United States, 46 in Canada, 88 in Europe and 27 in Australia. We operate under the names Zumiez, Blue Tomato and Fast Times. Additionally, we operate ecommerce web sites at zumiez.com, zumiez.ca, blue-tomato.com and fasttimes.com.au.
Safe Harbor Statement
Certain statements in this press release and oral statements relating thereto made from time to time by representatives of the Company may constitute forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. These statements include, without limitation, predictions and guidance relating to the Company's future financial performance, brand and product category diversity, ability to adjust product mix, integration of acquired businesses, growing customer demand for our products and new store openings. In some cases, you can identify forward-looking statements by terminology such as, "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential," "continue," or the negative of these terms or other comparable terminology. These forward-looking statements are based on management's current expectations but they involve a number of risks and uncertainties. Actual results and the timing of events could differ materially from those anticipated in the forward-looking statements as a result of risks and uncertainties, which include, without limitation, those described in the Company’s annual report on Form 10-K for the fiscal year ended February 3, 2024 as filed with the Securities and Exchange Commission and available at www.sec.gov. You are urged to consider these factors carefully in evaluating the forward-looking statements herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by this cautionary statement. The forward-looking statements speak only as of the date on which they are made and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
Company Contact:
Darin White
VP of Finance &
Investor Relations
Zumiez Inc.
(425) 551-1500, ext. 1337
Investor Contact:
ICR
Brendon Frey
(203) 682-8200
FAQ
What were Zumiez's comparable sales growth for the holiday 2024 period?
How did North American sales perform for Zumiez during the nine-week holiday period?
What is the new net sales guidance for Zumiez's fiscal 2024 fourth quarter?
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Which categories showed the highest and lowest growth for Zumiez during the holiday period?
How did international sales perform for Zumiez during the holiday 2024 period?
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