secwatch.observer — SEC 8-K summary
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Issuer:     Zumiez Inc (ZUMZ)
CIK:        0001318008
Form:       8-K
Filed at:   2023-06-01T23:59:59+00:00
Accession:  0001171843-23-003691
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zumiez Q1 net sales down 17.1% to $182.9M; net loss per share $0.96 vs $0.02 loss last year
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- Net loss $18.4M ($0.96 loss per diluted share) vs net loss $0.4M ($0.02 loss per share) in prior year.
- Cash and marketable securities $155.3M at April 29, 2023, down from $173.0M year-over-year.
- May 2023 net sales decreased 12.8% and comparable sales decreased 14.3% from prior year period.
- Q2 FY2023 guidance: net sales $187-$192M, loss per share $(0.63) to $(0.73).
- Planning to open ~23 new stores in FY2023 (8 North America, 10 Europe, 5 Australia).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1318008/000117184323003691/0001171843-23-003691-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1318008/000117184323003691/f8k_060123.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-003691

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer