other material
confidence high
sentiment positive
materiality 0.65
Zumiez holiday sales up 9.0% in nine weeks thru Jan 1; comps +6.0%
Zumiez Inc
- Total net sales for nine-week holiday period ended Jan 1, 2022 rose 9.0% YoY; comparable sales increased 6.0%.
- North America net sales +5.1%; other international (Europe/Australia) +36.6% (ex-FX +44.5%).
- Mens, Footwear, Accessories, Womens categories comped positive; Hardgoods was the only negative comp category.
- Company expects full Q4 sales growth to fall below holiday period trends due to prior-year stimulus and pandemic impact.
- Reiterates FY2021 net sales growth guidance of just over 20%.