earnings
confidence high
sentiment positive
materiality 0.70
Zumiez Q3 comp sales +7.5%, EPS $0.06 vs -$0.12; Q4 guidance $0.83-$0.93
Zumiez Inc
2024-Q3 EPS reported
-$0.86
revenue$610,042,000
- Net sales $222.5M (+2.9% YoY); comparable sales +7.5%.
- Gross margin 35.2%, up 140 bps; net income $1.2M vs loss $2.2M.
- Q4-to-date (31 days) total sales +10.0%, comp +2.9%.
- Q4 guidance: net sales $284-$288M, EPS $0.83-$0.93.
- Cash and marketable securities $99.3M; 7 new stores, 33 closures planned in FY2024.