secwatch / observer
8-K filed March 14, 2024, 7:59 PM ET ticker ZUMZ CIK 0001318008
earnings confidence high sentiment negative materiality 0.80

Zumiez Q4 net loss $33.5M vs profit year ago; issues Q1 loss guidance

Zumiez Inc

2023-FY EPS reported -$3.25 revenue$875,486,000

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Zumiez Inc reported the fiscal year ended February 3, 2024 results: revenue $875.5 million, net income Net loss for fiscal 2023 inclusive of the $41.1 million goodwill impairment charge was $62.6 million, EPS $3.25 per share. Guidance lowered.

Period
the fiscal year ended February 3, 2024
Revenue
$875.5 million
Net income
Net loss for fiscal 2023 inclusive of the $41.1 million goodwill impairment charge was $62.6 million
EPS
$3.25 per share
Guidance
lowered
Result
reported results
Exact text from the filing
Total net sales for the twelve months (53 weeks) ended February 3, 2024 decreased 8.6% to $875.5 million from $958.4 million reported for the twelve months (52 weeks) ended January 28, 2023. Net loss for fiscal 2023 inclusive of the $41.1 million goodwill impairment charge was $62.6 million, or $3.25 per share, compared to net income for fiscal 2022 of $21.0 million, or $1.08 per diluted share.
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Zumiez Inc reported the fourth quarter ended February 3, 2024 results: revenue $281.8 million, net income net loss of $33.5 million, EPS $1.73 per share. Guidance lowered.

Period
the fourth quarter ended February 3, 2024
Revenue
$281.8 million
Net income
net loss of $33.5 million
EPS
$1.73 per share
Guidance
lowered
Result
reported results
Exact text from the filing
Net sales for the fourth quarter ended February 3, 2024 (14 weeks) increased 0.6% to $281.8 million from $280.1 million in the fourth quarter ended January 28, 2023 (13 weeks). Net loss in the fourth quarter of fiscal 2023 was $33.5 million, or $1.73 per share, compared to net income of $11.4 million, or $0.59 per diluted share, in the fourth quarter of the prior fiscal year.
View on SEC.gov

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Source: SEC EDGAR
accession 0001171843-24-001352
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