earnings
confidence high
sentiment negative
materiality 0.70
Zumiez reports record FY2021 sales $1.18B (+19.5%), EPS $4.85; Q1 outlook weak
Zumiez Inc
2021-FY EPS reported
$4.85
revenue$1,183,867,000
- Q4 net sales $346.7M (+4.6% YoY); net income $38.2M ($1.70 EPS) vs $42.8M ($1.68 EPS) prior year.
- FY2021 net sales $1.18B (+19.5% YoY); net income $119.3M ($4.85 EPS), both records.
- Repurchased 4.6M shares ($198.4M) in FY2021 and 1.2M shares ($54.3M) in early FY2022.
- First 35-day sales down 1.9% vs prior year; Q1 FY2022 guidance: sales $215-221M, EPS $0.00-$0.10.
- Plans to open ~34 new stores in FY2022: 15 North America, 14 Europe, 5 Australia.