Zumiez posts a wider-than-expected Q1 loss. Comps jump 5.5% Y/Y as North America and women's categories shine.
Zumiez Inc. (NASDAQ:ZUMZ ) Q1 2025 Earnings Conference Call June 5, 2025 5:00 PM ET Company Participants Christopher Codington Work - Chief Financial Officer Richard M. Brooks - CEO & Director Conference Call Participants Mitchel John Kummetz - Seaport Research Partners Operator Good afternoon, ladies and gentlemen, and welcome to Zumiez Inc. First Quarter Fiscal 2025 Earnings Conference Call.
Zumiez (ZUMZ) came out with a quarterly loss of $0.79 per share versus the Zacks Consensus Estimate of a loss of $0.77. This compares to loss of $0.86 per share a year ago.
Zumiez faces demand and global headwinds. Yet, margin gains, cost control and private label growth highlight its strategic progress.
Zumiez closed fiscal 2024 with strong comparable sales, but faces rising SG&A expenses, impacting margin expansion despite store closures and a shorter selling calendar. Gross margins improved significantly, driven by store productivity and private label sales, but adjusted SG&A expenses continue to rise, limiting operating margin recovery. Despite a nearly 50% stock drawdown, current valuation remains optimistic, requiring 7% comp growth and perfect SG&A leverage for a 10% earnings yield, low compared to other apparel retailers.
ZUMZ's fiscal fourth-quarter results reflect lower y/y sales. However, the gross margin expands 190 bps y/y to 36.2%.
Zumiez Inc. (NASDAQ:ZUMZ ) Q4 2024 Earnings Call March 13, 2025 5:00 PM ET Company Participants Rick Brooks - Chief Executive Officer Chris Work - Chief Financial Officer Conference Call Participants Mitch Kummetz - Seaport Operator Good afternoon, ladies and gentlemen, and welcome to Zumiez Inc.'s Fourth Quarter Fiscal 2024 Earnings Conference Call. [Operator Instructions] Before we begin, we would like to remind everyone of the company's Safe Harbor language.
Zumiez (ZUMZ) came out with quarterly earnings of $0.78 per share, missing the Zacks Consensus Estimate of $0.79 per share. This compares to earnings of $0.40 per share a year ago.
Zumiez's expansion of private-label products, new brands and focus on cost efficiency position it for growth despite recent challenges.
Zumiez reports solid growth but lowers fiscal fourth-quarter guidance due to weaker holiday sales. However, it stays optimistic about growth in fiscal 2025 and beyond.
With a strategic focus on cost management, Zumiez is positioned for growth, expecting improvements in sales and margins moving forward.
Zumiez is expanding its brand portfolio and private label offerings to boost customer engagement. A positive outlook for 2024 is encouraging.