secwatch.observer — SEC 8-K summary
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Issuer:     Zumiez Inc (ZUMZ)
CIK:        0001318008
Form:       8-K
Filed at:   2024-01-08T23:59:59+00:00
Accession:  0001171843-24-000131
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zumiez holiday sales down 4.4%; guides Q4 near low end of range
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- Total net sales for 9-week holiday period ended Dec 30, 2023 fell 4.4% YoY; comparable sales down 5.9%.
- North America net sales decreased 6.6%, comparable sales down 6.3%; other international net sales up 4.2% (comparable down 4.2%).
- Men's category posted positive comps; women's most negative, followed by hardgoods, accessories, footwear.
- Now expects Q4 FY2023 sales near low end of $275M-$281M range; EPS near low end of $0.24-$0.34.
- Extra week in Q4 2023 contributes ~4% to year-over-year growth; warm weather and low snowfall cited as headwinds.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1318008/000117184324000131/0001171843-24-000131-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1318008/000117184324000131/f8k_010824.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-000131

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